Aviation: Charting a New Course

Into Washington's Sheraton-Carlton Hotel last week walked the vice presidents of the U.S.'s major airlines under an unusual safe-conduct guarantee from the Government. To allow the airline executives to come to realistic grips with their mounting problems and to work out some solutions, the Government promised them a seldom granted immunity from antitrust prosecution while they put their heads together. The meeting followed by only a week a closed meeting of major airline presidents with the Civil Aeronautics Board's new Chairman Alan S. Boyd—and illustrated the sorry state in which the...

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