Aviation: The Merger Cotillion

As soon as the nation's second and third domestic airlines—American and Eastern—declared their agreement to merge, opposition revved up on all sides last week. Other airlines, fearing sharper competition, protested. Democratic Senator Estes Kefauver said the merger plan has "the most serious of monopolistic implications"; Representative Emanuel Celler said he would investigate. Mike Quill's Transport Workers Union worried about layoffs among the 9,000 American maintenance men that it represents, threatened to strike after Feb. 1 unless the two lines pledged that there would be no job cuts. Bobby Kennedy was yet to...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!