Word: cab
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Dates: during 1950-1959
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NORTH POLE FLIGHTS from Los Angeles, San Francisco and Seattle to Europe probably will be started before summer by Pan American World Airways and Trans World Airlines. CAB examiner urged that the two U.S. airlines be certified to fly via Pole from West Coast, thus cut flight time to Europe by five to 15 hours. Scandinavian Airlines System now holds monopoly on route...
...Money. In West Babylon, N.Y., after thieves broke into a house and stole between $5,000 and $12,000 cached in a feed sack, police found roughly $17,000 more lying around, got an explanation from ex-Cab Driver John Van Huda: "You know how it is, you need money around the house for emergencies...
AIRLINE SUBSIDIES will be slashed to $44.5 million in next fiscal year, a 30% drop from the $64 million paid by U.S. in 1954, says CAB. It expects all U.S. transatlantic and transpacific lines to be in black and off subsidy by fiscal 1958, as well as domestic Northeast Airlines, still on subsidy...
...They keep talking about the iron curtain," complained a Rome cab driver last week, "but it's not the iron curtain that worries me. It's the green curtain that comes down every morning between me and my cabbage." In the argot of workaday Rome, the green curtain is the term used to describe the veil of mystery behind which the shrewd middlemen in the city's huge wholesale vegetable market operate to send the prices of simple foodstuffs soaring...
...SUBSIDY CUT will cost Pan American World Airways $9,800,000 annually, unless the company can change CAB's mind. After pegging Pan Am's total subsidy and mail pay at $24.1 million last year, CAB now thinks level is too high in view of airline's 9.6% return on its investment during fiscal 1956. Pending hearing, CAB has suspended all subsidy payments, will authorize only $14.4 million in actual service mail...