IMPERIAL AIRWAYS
PROFITS FOR THE YEAR
ENGLAND-INDIA SERVICE
(Beeeived 18th September, 11 a.in.) .RUGBY, 17th September. A preliminary statement of tho results of Imperial Airways for tha year ending 31st March showa that despite the world : wide trade depression, which is very liable to affect air transport, the profit, before deducting charges for obsolescence, was over £145,000, compared with £115,000 last year. With the rapid development and improvement in air design, the directors have set aside £.85,000 for obsolescence, as against £30,000 last year. The year was the first of the England-India service, which proved very profitable. Less profit was made on the shorter services owing to the competition of heavily subsidised Continental airlines.
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Bibliographic details
Evening Post, Volume CX, Issue 69, 18 September 1930, Page 9
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114IMPERIAL AIRWAYS Evening Post, Volume CX, Issue 69, 18 September 1930, Page 9
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