When Capital Airlines President J. H. ("Slim") Carmichael introduced domestic air-coach service five years ago, he was merely hunting a way to use idle equipment during the slow night hours. Passengers who were willing to take off in the middle of the night got bargain rates. Other airlines were quick to copy Capital. Started as a sideline, air-coach service is now the tail that wags the wings.
This year, one-fourth of the passenger traffic flying between points in the U.S. will be by air coach, saving 30%. More than half of all transatlantic plane passengers are buying tourist fare tickets...