Aviation: Evasive Action

As they awaited a fateful meeting of Trans World Airlines' board of directors in Manhattan last week, former Ford Motor Chairman Ernest Breech and former U.S. Steel Chairman Irving S. Olds exuded confidence. Next day, Breech and five new directors were to be elected to TWA's board. This would pave the way for the election of Breech as TWA's new chairman and the naming of a president for the line, which has been without a captain since Charles Thomas resigned some six months ago. Best of all, after months of wrangling, they...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

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