Word: amex
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Thus A.A. soared ahead of its ambitious U.S. rivals. With Amex it gets a war-established overseas service (to Foynes, Ireland for Navy Air Transport) and "grandfather rights" on applications for transatlantic routes to Lisbon and the Mediterranean. The deal enabled American Export Lines Inc. to dispose of its control of Amex-which it had to do, under the CAB ruling that ocean carriers are not permitted to operate air routes. But Export Steamship will retain 24% of the airline stock, will probably act as the airline's agents abroad...