Merger Of Civil Airlines Suggested

Chronicle (Levin), 18 January 1949, Page 8

Merger Of Civil Airlines Suggested

IN.Z.P.A.-

—Reuter

Oovyrioht) .

Received Vlonday, 7 p.m. » " LOND.ON, .Tan. 17". Fourteen tradps unions coneerned with vafious branches of the British aircraft industry,' have asked the national joint couaeil for civil air transpqrt, t,Q pj-epare a pl^n for the mprging of the threp existing British air corporations- — British Overseas Ai rwavs Cprporation, British European Airways and British South-American Airways. A statempgt issued on behalf of the trades unipns, said workers in the iudqstry were aiixious thgt it shoulcj be run eepnqmically and eflS.cjently. Thev wero qaturglly coneerned at the very heayy [ossps being incurred bv the three corporations at prpspnt and colisidered fhat merger proposals, if adopted, fi'puld enable British civil airwgys to be run at a profit. If t}ie proposals are adopted by the joint council, they will go to Lord Pakenham, Minigter of Civil Aviation, and will then probably b.e test.ed by an inquirv. The combined deficit of thp three cqj'porgtjoiis f.qr the six moptl)3 April to September last, « ^.•,i7t|q)UU0,