U.S. Business: Superlatives & Shortages

In an otherwise slow-moving stock market last week, the shares of seven of the nation's twelve big airlines climbed to alltime peaks. The high-flying seven: United, TWA, Pan Am, Eastern, Northwest, Continental and Braniff. With air traffic racing 26% ahead of 1965, the industry's first-quarter revenues rose 21%. Last week Pan Am said that its passenger traffic so far this year was up 30%. TWA reported that its revenues in May grew 19.5%, compared with the same month last year. Fast-growing Continental Airlines' May passenger traffic rose 29% on domestic routes and 272% on overseas runs. The line expects to increase...

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