AIRSHIP SCHEME
GOVERNMENT SUBSIDIES ASKED FOR
SERVICE TO AUSTRALIA PROPOSED
BY TELEGBAPH-PMSS ASSOCIATION. —•Copybight.
(Rec. March 31, 8.55 p.m.)
London, March 30.
The promoters of the airship scheme include the Vickers Shell Oil Group. The company asks for an annual subtidy of £91,000 from the British Government, and £40,000 each from India and Australia Until it is able to pay a dividend unsupported. It proposes out of a. capital of four millions spending £3,400,000 on new airships, and hopes to establish a bi-weekly service with India, with a weekly extension to Australia.—Aus.-N.Z. Cable Assn.
[The “Pall Mall Gazette” announced a few days ago that a syndicate, backed by a firm of armament makers, had been formed with the object of acquiring the British Government’s airships, in the hope of later arranging regular trans-Atlantic and Indian services.]
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Bibliographic details
Dominion, Volume 15, Issue 160, 1 April 1922, Page 7
Word Count
136AIRSHIP SCHEME Dominion, Volume 15, Issue 160, 1 April 1922, Page 7
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