SAILINGS CANCELLED
NORTH ATLANTIC LINERS. HEAVY LOSSES RECORDED. (Received 9 a.m.) LONDON, June 14. Owing to a serious depression some of the largest shipping companies operating in the North Atlantic trade, including the Cunard and White Staf companies, have, cancelled nearly 40 sailings. Not a single one of the 16 giant liners in the trans-Atlantic trade showed a profit in 1930, and the costs were so large that many round trips showed a loss of £20,000 each.
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Bibliographic details
Northern Advocate, 15 June 1931, Page 5
Word Count
77SAILINGS CANCELLED Northern Advocate, 15 June 1931, Page 5
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