Under Ted Baker, its penurious founder, National Airlines shielded the windows of its Miami headquarters from the sun with brown wrapping paper. When Lewis Maytag Jr., heir to a washing machine fortune, bought Baker out 15 months ago, the first thing he did was to invest in vertical blinds.
The change was an augury; National has been looking better ever sinceĀand so have its books. For the year just ended, the earnings of the eighth largest U.S. domestic airline climbed to an estimated $6,500,000 from $4,300,000 last year. Only two years ago the...
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