Business: A Happy Hawk in the Hen House

CAB's Kahn pares those fares and reshapes the airlines

May is the month that holiday travel starts to soar, and this year vacationers will be offered a bagful of bargains in air fares−thanks in large part to an unlikely bureaucrat named Alfred Kahn. A lean, balding, hatchet-faced man who teeters back and forth in his high-backed leather chair, Kahn, 60, looks like a restless hawk. The image is apt. In less than a year as chairman of the Civil Aeronautics Board, he has outdone any of his predecessors in shooing the airlines out of the cozy hen...

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