BRITISH AIRWAYS
CORPORATION CONTROL
POOLING OF PRESENT RESOURCES
BILL IN COMMONS
(By Telegraph—Press Association —Copyright.)
(Received June 13, 12.45 p.m.)
LONDON, June 12
The British Overseas Airways Bill, introduced in the House of Commons, gives effect to the Government's decision that the British Overseas Airways Corporation should acquire and operate the Imperial Airways and British Airways undertakings. It is considered that such a public corporation can better advance aviation than a limited liability company, while rapid expansion of the overseas air services demands the pooling of the experience, equipment, ground organisation, and technical resources of the two corporations.
The first duty will be the full development of overseas transport services, with reasonable charges. The Bill provides that a subsidy shall be payable until 1953, not exceeding £4,000,000 annually, less £100,000, which is to be earmarked until the end of 1943 for the assistance of internal airlines.
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https://paperspast.natlib.govt.nz/newspapers/EP19390613.2.70
Bibliographic details
Evening Post, Volume CXXVII, Issue 137, 13 June 1939, Page 9
Word Count
146BRITISH AIRWAYS Evening Post, Volume CXXVII, Issue 137, 13 June 1939, Page 9
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