HUGE DEFICIT
OPERATIONS OF 8.0.A.C. UNSUITABLE AIRCRAFT WAR TYPE IMPROVISATION (Special Correspondent). LONDON, March 24. The air correspondent of the Sunday Times says that although the actual accounts will not be placed before Parliament until considerably later m the year it is already known that the results of the British Overseas Airways Corporation’s workings during the past 12 months show a deficit estimated at several million pounds. This reflects the results of the corporation's first year of free operation since the end of the war. The loss is attributed to a number. oi causes, the chief of which is the variegated nature of the corporation s fleet. At present it is compelled to use no fewer than 16 different types of aircraft, many of which are improvisations of war types. „
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Bibliographic details
Gisborne Herald, Volume LXXIV, Issue 22289, 26 March 1947, Page 5
Word Count
130HUGE DEFICIT Gisborne Herald, Volume LXXIV, Issue 22289, 26 March 1947, Page 5
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