Word: matson
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...Matson steamship lines want to fly. Matson Navigation Co. applied to CAB last week for permission to fly passengers and freight over its ship routes (Hawaii, South Seas, Australia and New Zealand). Matson also announced that it has spent $100,000 for 43 acres adjacent to the San Francisco airport...
...Matson's hopes are high, but they run smack into CAB policy. Several years ago CAB scotched a deal between Matson and Pan American Airways (for whom Matson acts as Pacific agents) whereby Matson and Pan Am would be equal partners in a new company furnishing peacetime air transport over the Pacific from the U.S. CAB which recently ordered American Export Airlines to divorce itself from its parent shipping company, is opposed to the ownership of airlines by carriers...
Said hustling, optimistic Sidney G. Walton, 42, vice president and secretary of the Matson lines: "We're not trying to keep out competition. We are not interested in it. This is a modernization program. We changed from sail to steam, didn...
...Hawaiian Airlines (88% owned by Inter-Island Steam Navigation Co.) wants a 2,600-mile run between Hawaii and Los Angeles, would fly passengers, mail and express. CAB has already refused to let Matson Navigation and Inter-Island join with Pan American on this route. Reason: Such control of an airline would open the way for a monopoly...
...chance to prove it when he designed the Malolo, a luxury ship of the Matson Line, and a heaven-sent chance to watch a test case of his theory. On the Malolo's trial run, 26 miles off Nantucket, another Norwegian freighter appeared out of the fog and, as the fascinated Mr. Gibbs watched, crashed into the Malolo amidship. Into the pilothouse rushed Gibbs. He pushed the buttons to operate the sliding bulkhead doors, which should close off the shattered compartment and keep the sea from flooding and sinking the Malolo. Down into the hold he plunged. Green water...