Word: transoceanic
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Into the select group of scheduled international airlines last week flew a brash, tough newcomer. Transocean Air Lines, Inc., whose home field is Oakland, Calif., made a deal with Venezuela to operate a twice-a-week service between Caracas and Rome. Transocean was no pinfeathered newcomer to flying; it is already the biggest contract carrier in the world. More remarkable, in the money-losing flying business, it has made money ever since it started 2½ years ago. To do so, it has become a jack of all airline trades and a master of several. Some of its deals...
...been feuding ever since Howe notified Drew last month that T.C.A., previously too short of planes to do the job, now had enough equipment. As a result, said Howe, the arrangement with Transocean Air Lines, a U.S. firm which had brought over most of the immigrants under a T.C.A. subcontract, would end on April 15. That, said Howe, would help Canada conserve U.S. dollars. Furthermore, Transocean was using "substandard" equipment. (Transocean uses U.S.-made DC-4s; Trans-Canada uses Canada-made North Stars, i.e., modified DC-6s with British engines...
Drew exploded. Charging the minister with "outright dishonesty," he roared that "not one cent" of Canadian money had been spent. As for Transocean, Howe was guilty of "shameless slander...
Then it was Howe's turn. British immigrants, he pointed out, paid their fares in sterling, which Canada's government had to convert into dollars. Then came a haymaker. He produced two letters from Drew's own officials questioning the safety of Transocean's operation...
Last week, Wehran won a significant skirmish. Transocean Air Lines, which operates a fleet of ten DC-4 overseas freighters, moved its eastern base from LaGuardia Field to Teterboro, giving Wehran his first transatlantic service...