The battle of plane fares on North Atlantic routes went on last week. Jack Frye, 40, the burly president of Transcontinental & Western Air, Inc., called in reporters in Manhattan to announce: T.W.A. would like to fly passengers from New York to London for $263.80; would start tomorrow if the Civil Aeronautics Board would give permission.
This fare, said Mr. Frye with a meaning look at rival Pan American Airways, is:
1) below prewar first-class steamer rates;
2) less than half the present commercial rate by Pan Am Clippers to Foynes, Eire or Lisbon. T.W.A., now flying the Atlantic...