One of the biggest postwar marriages in the airline world ended last week in galling divorce. The Flying Tiger Line and Slick Airways, the nation's two strongest air-freight lines, which began a trial merger 18 months ago (TIME, April 6, 1953), told the Civil Aeronautics Board that they could not make a go of it and were splitting up for good. But the bigger news of the announcement was what it told of the sick state of the independent air-freight business. Said Flying Tiger President Robert W. Prescott, who started his line in...
To continue reading:
or
Log-In
