EAST COAST AIRWAYS
Suggested Absorption By Union Airways (By Telegraph—Press Association.) Gisborne, March 11. A recommendation that East Coast Airways should be absorbed by Union Airways is contained in a circular issued to shareholders by the directors of the former company, who explain that Union Airways have agreed to take over shares at par.. It is disclosed that Union Airways hold a controlling interest in the local company, which finds its capital inadequate to permit of necessary expansion. East Coast Airways has the distinction of being the first company licensed to carry on commercial aviation in the Dominion.
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Bibliographic details
Dominion, Volume 31, Issue 142, 12 March 1938, Page 16
Word Count
98EAST COAST AIRWAYS Dominion, Volume 31, Issue 142, 12 March 1938, Page 16
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