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...rate war. Eastern, T.W.A. and United announced that they would also raise their extra-fare (DC6 and Constellation) rates, which had been around 10% higher than ordinary fares. American Airlines, which thought the traffic was already being charged all it would bear, kept the present fare on DC-6s, wiping out the extra-fare differential and underselling the other lines. The new basic fares brought the U.S. average to 6? a mile (highest since 1935), compared to a 3? average for railroad coach fares...
...firm which had brought over most of the immigrants under a T.C.A. subcontract, would end on April 15. That, said Howe, would help Canada conserve U.S. dollars. Furthermore, Transocean was using "substandard" equipment. (Transocean uses U.S.-made DC-4s; Trans-Canada uses Canada-made North Stars, i.e., modified DC-6s with British engines...
Hardest hit was United Air Lines, Inc., which had a $1,086,961 profit in 1946. The rise in costs, poor weather early in the year, and the grounding of all the new DC-6s swelled United's loss to $3,747,000. American Airlines, Inc., biggest domestic carrier, was also nipped by the grounding. Though its traffic (some 1.4 billion passenger miles) and gross revenues (nearly $82 million) were the highest in company history, its losses soared to $2,962,776 (from...
After four months on the ground, the first DC-6s will take to the air again this week. Douglas Aircraft Co. said it had caught the bugs that had caused two plane fires (and the death of 52) last fall and grounded the planes. American Airlines will resume its DC-6 transcontinental flights; United, National, Braniff, Panagra and Sabena will begin to put their planes in service soon afterwards...
...modifications in the planes cost Douglas more than $3,000,000. The airlines which had to do without their 96 DC-6s lost an estimated $12,000,000 by the grounding...