CIVIL AVIATION
BRITAIN'S WORLD MARKET ' A RESTRICTIVE POLICY (Received February 4, 5.5 p.m.) LONDON, Feb. 3 In presiding at the annual meeting of the De Havilland Aircraft Company, Captain A. S. Butler said the policy of making civil aviation "fly by itself' would end in Britain losing its world nlarket for aircraft. "It is a policy which has restricted technical progress within the industry," he stated. "Other countries, supported by .subsidies, have confidently entered the civil and military fields." Captain Butler added that the company had experienced the most successful year in its history. There was a profit of £122,000, as compared with £71,719 in 1936. A dividend of 10 per cent with a bonus of 2J per cent was approveu.
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Bibliographic details
New Zealand Herald, Volume LXXV, Issue 22955, 5 February 1938, Page 15
Word Count
121CIVIL AVIATION New Zealand Herald, Volume LXXV, Issue 22955, 5 February 1938, Page 15
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