AVIATION: Ceiling: Below Zero

U.S. airlines, which have had their fill of bad news lately, gulped a few more swallows last week. They came from United Air Lines President William Allan Patterson. Said he: "All airlines (with the possible exception of Eastern) will lose money in the last quarter of 1946."

Up Fares. Patterson said that air travel is falling off* while operating costs are going up. United's load factor (percentage of seats filled) had dropped 4% in three weeks. Patterson was sure that it would drop even more sharply when winter weather disrupts airline schedules. And air lanes have become so crowded that United...

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