B.O.A.C. LOSS ON OPERATIONS
deficit lower than LAST YEAR ’ W LONDON. August 29. Lne British Overseas Airways Cor®nd British European Air*»ys lost £5,539,000 between tham fl Mng the last financial year. £3-620.000 less than the before, according to the annual of both companies, published yesterday. ,ost £*.560,000 and BE, A. “U £979,000. Mh airlines complained of the low paid fay the British General Post JJ?®* for tlle carriage of mail, which 2™ few exceptions, was lower than rate paid to other international ■Waters. If this were put right, the »n a J? r a Government grant to could probably be eliminated the corporation’s report The loss on South American sernces represented 63 per cent, of the of the corporation’s deficit for “>e year.
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Press, Volume LXXXVII, Issue 26513, 30 August 1951, Page 7
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123B.O.A.C. LOSS ON OPERATIONS Press, Volume LXXXVII, Issue 26513, 30 August 1951, Page 7
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