CIVIL AVIATION.
OUTLOOK IN BRITAIN. LONDON,. Feb. 3. Presiding at the De Havilland Aircraft Coy.’s annual meeting, Mr A. S. Butler sa.id the policy of making civil aviation “fly by itself” would end in Britain losing its world market for aircraft. “The policy has restricted technical progress within the industry, while other countries supported by subsidies have confidently entered the civil and military fields,” said Mr Butler. Mr Butler added that the company had had the most successful year in its history. The profit was £122.000 as compared with £71,719 in 1936. A dividend of 10 per cent, with a bonus of 21 per cent, was approved.
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Manawatu Standard, Volume LVIII, Issue 58, 5 February 1938, Page 2
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107CIVIL AVIATION. Manawatu Standard, Volume LVIII, Issue 58, 5 February 1938, Page 2
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