U.S. airlines are all set to take off into the jet age when Pan American World Airways begins flights to Europe around Nov. 1 with Boeing's 707, and American Airlines starts domestic jet service early next year. But last week the Port of New York Authority, operator of New York International Airport, the world's key international terminal (accounting for 60% of all air traffic bound to and from the U.S.) blew a warning whistle.
It raised grave doubts whether it will permit the 707 to operate, except under such restrictions that would make the flights lose money. The official reason...