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EMPIRE AIRSHIPS.

THE COMMERCIAL SCHEME. LARGE SUBSIDIES WAJTTED. LOXDOX, March 31. The promoters of the scheme 10 squire the airships offered for sale by he Air Ministry include Vickers and the ihelltOil Group. The company i*sks for n annual subsidy of £01.000 from the iritish Government and subsidies of 40,000 each from- India and Australia ntil it is a-ble to pay a dividend without upport. The company proposes to start rith a capital of £4,000,000, and to pend £3,400,000 on new airships. I It hopes to establish a bi-weekly ser-: ice to India, with a weekly extension a Australia.— (A. and Xi.Z. Cable.; I

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https://paperspast.natlib.govt.nz/newspapers/AS19220401.2.82

Bibliographic details

Auckland Star, Volume LIII, Issue 78, 1 April 1922, Page 7

Word Count
104

EMPIRE AIRSHIPS. Auckland Star, Volume LIII, Issue 78, 1 April 1922, Page 7

EMPIRE AIRSHIPS. Auckland Star, Volume LIII, Issue 78, 1 April 1922, Page 7