AVIATION: The Jet Debt

  • Share
  • Read Later

(2 of 2)

To meet the high costs of the jet age, the airlines want to tailor their routes to the swifter, bigger jets. The Civil Aeronautics Board, under its new Chairman Whitney Gillilland, has already shown a willingness to let the trunk airlines drop some of the money-losing stops on their routes. It allowed American, Braniff, Continental, and TWA to discontinue service to a number of small stops. The big airlines hope that if they can improve the structure of their routes they can pay off he jet debt without a further drastic drag on their earnings.

  1. 1
  2. 2
  3. Next Page