AVIATION: Celling Unlimited

Ceiling Unlimited

Not in years had the Civil Aeronautics Board been so pleased with the "young, vigorous and growing" U.S. airline industry. In a report to Congress last week, CAB noted that the onetime money-losing industry had climbed into the black in 1949 and that the future looked bright.

Within the next five to ten years, CAB predicted, the majority of U.S. travelers who make trips of 1,000 miles or more will go by air. "This [trend] is certainly true of first-class travel, and the trend is already apparent with respect to coach-class travel." CAB saw one dark spot ahead:...

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