After studying the problem for a year, President Truman's seven-man Air Coordinating Committee, which is headed by Assistant Secretary of State Garrison Norton and Civil Aeronautics Board Chairman James M. Landis, last week published a 17-page report on U.S. aviation policy. The gist of it was that something would have to be done, and in a hurry, if U.S. air power is not to slip into impotence. The reason: the U.S. air industry, which has fallen rapidly to peacetime rags from wartime riches, is just about on the rocks.
Sidelines. The industry's plight was no secret. Instead of the...
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