Word: cab
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Dates: during 1950-1959
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AIRLINE SUBSIDIES next year will be even less than originally planned, says CAB Chairman Ross Rizley. U.S. airlines are doing so well that payments will be cut another 13% from the first $52.5 million estimate, be pegged at $48.5 million, with the biggest chunk ($24 million) going to 13 domestic local service carriers...
...year's alltime record. A few years hence, airmen predict, the fast-growing airlines will push out railroads as the No. 1 public means of mass travel. As a result, U.S. civil air policy, as laid down by the Civil Aeronautics Board, is undergoing a radical change. Once CAB nursed along the fledgling industry by spoon-feeding it Government subsidies and holding back competition. Not only is this method now out-of-date; it does not fit an expanding industry. CAB Chairman Ross Rizley feels that the time has come for additional service, lustier competition and new route awards...
...many airline men, the mere thought of more competition means trouble. Some of them argue that more competition has often led to fewer passengers for individual lines, lower earnings, and thus increased need for federal subsidies to keep flying. But CAB thinks that the airlines underrate their strength, and points to the industry's own skyrocketing growth. In 1951 every U.S. carrier, both big and little, was on Government subsidy. Today only the smaller feeder lines and a few shaky trunk lines need a direct Government handout. Though they still earn heavy mail pay, all nine of the biggest...
...help the industry grow even faster, CAB has laid out a gradual, carefully charted course of expansion and competition. Since the big trunk lines no longer need coddling, CAB has cleared its docket of a dozen major decisions, some of which had been hanging fire for seven years. Recently, it approved a whole series of competitive new routes. T.W.A., Capital and Northwest got new, nonstop runs between New York and Chicago in competition with United and American; United got a nonstop Chicago-to-Seattle run in competition with Northwest, while Northwest in turn got a local nonstop Detroit...
More important, CAB is now considering giving nonscheduled airlines a big lift. Though the big scheduled carriers insist that the nonskeds be knocked out of the air, CAB feels that they have proved their worth by pioneering cut-rate flying. In an initial decision, which the full board will probably follow, a CAB examiner recommended that 27 of the weakest nonskeds be eliminated, but that the 33 survivors be permanently certified for a specific number of scheduled passenger flights (possibly ten) each month, plus an unlimited number of nonscheduled flights...