Last week the "Big Five" U. S. airlines finally took off on an industrial flight which they had long feared the Government might frown upon (TIME, March 16). From the Air Transport Association of America's headquarters in Chicago, American, Eastern, Pan American, United and Transcontinental & Western Airlines announced they had abandoned competition in equipment, would collaborate in creating a standardized fleet of huge transport planes. To Douglas Aircraft Co. of Santa Monica, Calif., current darling of most of the world's leading airlines, went the contract to develop the new type transport.
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