AVIATION: Fare Fight (Cont'd)

The airlines were busy cutting each other's throats with imaginary razors. A bitter transatlantic rate war was on—although transatlantic planes for non-priority passengers would not be in operation for some time. But American Airlines promised to whisk the future traveler to London for $235, one way. T.W.A. knocked down its first offer of $263.80 to $193.50. Pennsylvania-Central bid $176. Pan American, an old hand at crunching competition, stunned its rivals by pricing its postwar ticket to London at $148 (Pan Am now charges $525 to Foynes by the northern route. Prewar fare $375).

These pin-up rates for transatlantic service enlivened...

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