Word: cab
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...three years, Resort grossed $400,000 annually but dipped in the red because it spent $150,000 on lawyers and research, trying to win a permanent, scheduled certificate from CAB. Lined up against Burwell were 14 big airlines...
Security. Last January Squeaky Burwell heard that CAB was ready to wash him out. It vetoed his request for permanent travel routes. But all CAB decisions on overseas certificates are subject to a White House O.K. Burwell turned himself into a one-man lobby in Washington. A loyal Democrat who had raised money for Harry Truman in the 1948 campaign, he buttonholed 24 Senators, nine Representatives and 51 Administration officials. Then he had a chat with Harry Truman, told him: "If a man's in a hurry he takes an ordinary airline; if he wants to kill two weeks...
...CAB's airmail pay rates are fixed partly on the basis of compensation, partly according to the airlines' needs for a subsidy in order to make a reasonable profit. How much of a given rate is compensation and how much is subsidy is not announced by CAB, but the Hoover Commission has urged that such separation be made...
...months Tongg's airline merely went through the motions, like a weary hula dancer. In 1948, it lost $148,427. Then, early this year, CAB gave Ruddy's Trans-Pacific Airlines a five-year certificate. This week, as T.P.A. advertised its first scheduled inter-island flights, to start next week, Tongg invited Hawaiians to "fly the Aloha...
Diamond Head. Ruddy, who lives with his wife and seven children in a spacious $125,000 beach home by Diamond Head, expects to gross $1,800,000 during his first year on the new CAB charter. He is convinced there is room for two airlines in the air-minded Territory, where 350,000 passengers flew among the islands last year. His fellow Orientals think so, too. When Ruddy recently floated a stock issue (at $1 a share) to finance his expansion, they eagerly chipped in their dollars. He sold 345,000 shares...