Business: AIR FREIGHT

Why & How There Can Be More IN the high-flying air world, one fledgling that has yet to find its wings is the air-freight business. Of 120 new lines that hopefully started up at the end of World War II, more than 50% went bust. Last year U.S. air freighters flew only 284 million ton-miles of cargo, a 3% gain over 1953, but barely one-tenth of 1% of the total cargo business.

In theory, air cargo is tailor-made for the U.S. economy. It permits companies to transport goods faster, thus cut down on expensive...

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