Word: cabs
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...phasing out piston-driven planes in favor of jets, understandably prefer to charge more for the jet rides. And for a long while the Civil Aeronautics Board permitted them to do just that: there was a well-established average surcharge of 10% for jet travel. But just as understandably, CAB Chairman Charles S. Murphy last summer decided that the airlines were making so much money that, in the public interest, rates ought to go down. The CAB thereupon decreed that there should be no surcharge on routes newly converted to jet. The airlines, claiming that this decision would cost them...
Keek's plan will go into effect March 27. In return for CAB permission to restore the surcharge on new jet routes, United and other major U.S. airlines will offer a new, round-trip "excursion plan" cutting 25% off present jet coach rates-under certain circumstances. Thus a jet coach round trip between New York and Chicago will, given those circumstances, come down from...
...Governor Harold E. Hughes of Iowa, who rose from a truck-driver's cab and the captivity of alcoholism to become a successful (and abstemious) Democrat in a traditionally Republican state, announced that he will seek a third two-year term rather than try to unseat Republican U.S. Senator Jack
American has plenty of company in its quest to become the third U.S. airline (after Northwest and Pan Am) to span the Pacific. Eastern, Western and Continental have made similar applications to the CAB. United, which already flies to Hawaii, intends to ask for an extension to Tokyo. Delta and TWA will probably also put in bids...
...Cities. In the rush for Pacific routes, American's hand is strengthened by the fact that its 44 domestic cities channel 80% of all air traffic between the U.S. and the Pacific. If the CAB approves its application, the airline plans to spend at least $200 million on new equipment-a moderate investment considering that American values the transpacific route at $80 million-$100 million annually...