Word: panagra
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Main trouble is that everything moved too fast: the Axis airlines went out like a light and traffic skyrocketed. In January 1941 Nazi-controlled airlines sprawled over 23,000 South American miles v. 26,000 route miles for U.S.-owned Pan American Airways and Panagra. But the State Department played its cards well: soon after Pearl Harbor not a single Axis airline remained in operation south of the border. South Americans got the idea, grabbed Axis airplanes and equipment, started flying some 34,000 route miles themselves. And since the beginning of 1940 Pan Am and Panagra have pushed routes...
...airlines because of the bang-up job they did under the Air Service Command (TIME, June 29). With one eye on previous experience and the other on location of supply and maintenance bases, ATC has already assigned wartime routes to ten major U.S. airlines (including Pan Am and Panagra), will hand out other routes when it can iron out details with the remaining eleven U.S. airlines...
...worldwide air-commuting service far bigger than anything air-minded fanatics expected to see before 1950. Thus American and T.W.A. will fly to London at least 24 times every day; United and Pan Am will wing to Australia and India 20-30 times weekly; Braniff, Eastern and Panagra will zip to Central and South America almost as often as crack trains cross...
...civil war between W. R. Grace & Co. and Pan American Airways over the big South American airline they own jointly (TIME, March 16) got hotter last week. Grace has now asked the Civil Aeronautics Board to force Pan Am to sell or trustee enough of its stock in Panagra to give Grace clear-cut control...
Grace's 13-page petition bristled with charges. Main one: Pan Am is suppressing the growth of Panagra because it wants to keep Panagra as an auxiliary, feeding passengers and freight from the eight South American countries it serves to Pan Am lines. Grace wants to make Panagra a self-contained airline, with its own terminal facilities in the U.S. (preferably at New Orleans...