Word: maddux
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Dates: during 1930-1939
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...early this year from 11? per mile to 5? and 6?, the action was frankly temporary, to get some revenue, to get people into the air (TIME, Jan. 20).* Last week with a heavy summer traffic fairly assured, the expected return to 7? was announced by T. A. T.-Maddux lines, American Airways Inc. (operator for Aviation Corp.) and Southwest Air Fast Express. Theory: a "habit" of air travel was engendered by the low fares...
Transcontinental Air Transport and its subsidiary, Maddux Air Lines, had combined losses of $986,000 for their first six months of operation. Commented Chairman Clement Melville Keys: "While operating losses had been expected . . . these results were disappointing." Stockholders comforted themselves with the knowledge that during the first year of any company extraordinary expenses are incurred. Encouraging to T. A. T. owners are reports that Pennsylvania Railroad has increased its holdings, will instill famed railway efficiency into the system...
...President Curtiss Wright Corp.; Chairman of the Board, T. A. T.-Maddux Air Lines...
...rifling by shyster lawyers. To promote aviation with knowledge gained after accidents, Secretary Young pointed two instances: the September crash of the T. A. T. liner on Mt. Taylor in New Mexico resulted in recommendation that the course be changed; the January crash of the T. A. T.-Maddux liner between San Diego and Los Angeles resulted in a rule requiring air transport pilots to land if forced lower than 500 feet (TIME...
Pennroad to control T. A. T.? In spite of denials by "higher-ups," last week's report was that the Pennroad Corp. has bought control of T. A. T.-Maddux Air Lines. Pennroad Corp. is a holding company of the Pennsylvania Railroad. The Pennsylvania Railroad cooperates with T. A. T.-Maddux in the U. S.'s most famed air-rail system. The elevation of Daniel Schaeffer, Pennsy vice-president in charge of traffic, from director to chairman of the executive committee of T. A. T.-Maddux, the election of J. L. Maddux to the company's presidency...