Aeronautics: Fares Down

Largely upon the state of trade between the U. S. and Latin America depends the prosperity of Pan American Airways, Inc. Last year the volume of that trade fell off 29.46% from the $2,080,000,000 total of 1929. To "help hasten a revival, Pan American last week provisionally slashed fares by an average of 30%—reductions ranging from 8% to 42%. Immediate objective is to coax U.S. traveling salesmen to fly into South America, also to stimulate tourist travel in the Carib bean. Some reductions: Miami-Rio de Janeiro, from $763 to $603; Miami-Cristobal, C. Z., from $329 to $223; Brownsville, Tex.-Cristobal, from...

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