AUSTRALIAN AIR LINES.
AMERICAN’S' PLANS. A COMPETITIVE FIRM. Received August 12, 11.5 a.m. DENVER, Aug. 11. Mr Seth Terry, interviewed by the Australian Associated Press regarding rumours that he is planning to buy up existing Australian air lines, said: “They are absolutely false.” Actually, he is planning to run a competitive service against them. A cable on Monday said: Mr Eric Chaseling, who is engaged in a technical survey on behalf of Australian air lines, when interviewed by tho Australian Associated Press, said he believed that the reported attempt of American capital to control tho Australian air lines would not succeed. The American syndicate was represented in Australia by a Denver mining man, Mr Seth Terry. It was rumoured that the Americans propose to buy a majority of the stock in Australian air lines, including Qantas, Empire, Australian National. MacKobertson, Miller and Guinea Airways, merging them into a single company.
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Bibliographic details
Manawatu Standard, Volume LVII, Issue 216, 12 August 1937, Page 10
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150AUSTRALIAN AIR LINES. Manawatu Standard, Volume LVII, Issue 216, 12 August 1937, Page 10
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