AVIATION: Turnaround?

The effects of the Civil Aeronautics Board's 6.6% interim fare increase were starting to show up in airline earnings. For the first three months of 1958, the nation's beleaguered carriers operated at a loss of $2,900,000, even though almost all lines increased their business—to a grand total of $345 million. Nonetheless, in March, which closed out the quarter, many lines began to cash in on better weather plus the fare increase: United, for instance, reported its first profitable month of the year.

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