A Letter From The Publisher: Jul. 22, 1966

Air travel, once a luxury for the few, has become part of the very fabric of modern living. If this was not clearly apparent in the past, the airline strike brought the truth home. This week's cover story focuses on newly thriving TWA and its president, Charles C. Tillinghast Jr., but the subject is the entire industry and its rather fantastic prospects beyond the immediate problem of the strike.

As usual in so wide-ranging a story, TIME correspondents across the country sought out the facts from major airline executives, aircraft manufacturers, financial specialists and Government officials. Their reports provided the fresh basic...

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