Business: The Flying Kangaroo

Among the world's major airlines, one of the fastest growing is a line whose apt symbol is a flying kangaroo and whose long hops take it from Australia clear round the world. In barely ten years, Australia's Qantas* has grown from a pouch baby into the world's ninth biggest international carrier, traveling some 15 million miles annually with 167,350 passengers. Last week Qantas was poised for still another leap. To Lockheed Aircraft went orders and options for six big Electra turboprop transports costing $15 million, 75% of which will be financed by U.S....

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

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