Word: boac
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Last week the airline also had good news for the British government, which owns it, and which has been stuck with yearly losses as big as $33 million. BOAC Managing Director Whitney Straight reported that in the fiscal year ended in March, BOAC would probably show a net profit of about ?500,000 ($1,400,000), the first profit in its history...
...student travel. As of May 1, the new transatlantic coach service will be put into operation. Round-trip fares are scheduled for; New York-London, $486; Amsterdam, $522; Copenhagen, $563.60; Paris, $522; Zurich, $563.60. Sponsors include almost every major line. Take your pick from Air France, KLM, Sabena, Swissair, BOAC, Scandinavian Airways System, PAA, and T.W.A...
Next week, at a meeting of the International Air Transport Association in Nice, 54 international lines will be asked to approve the plan, agree on a rate. Even if there is no agreement, tourist flights by next spring are virtually assured. Pan Am, T.W.A. and BOAC are prepared to fly at the tourist rates, no matter what other I.A.T.A. members...
...chill of a gathering fog, porters loaded 97 pieces of baggage aboard the big-bellied BOAC Stratocruiser Canopus* at floodlit London Airport. Just before midnight, as hundreds of well-wishers cheered, Princess Elizabeth and the Duke of Edinburgh got aboard; it was the first overseas flight for an heir to the British throne. At 12:31 a.m., the Canopus took off into the mist. Back on the tarmac, Queen Elizabeth blew a last kiss, said to a companion: "I'm full of envy...
...government-owned British Overseas Airways Corp. reported a profit of ?40,000 ($112,000) for the second quarter, the first quarterly profit in BOAC history. BOAC's methods: cut personnel (from 23,000 in 1948 to 16,000 at present), run fewer planes (70 v. 130 in 1948) and bigger ones (BOAC now operates nothing but Boeing Stratocruisers on its North Atlantic runs), emphasize personal service. Result: BOAC can now break even on 70% passenger capacity, v. the 100% required three years...