CHART 7

Monopoly by the Grandfather Carriers has stunted the Development of Air Coach

The Grandfather Carriers Long Opposed the Development of Air Coach

American said:

"We do not believe we can
presently engage in coach
service...without consequent loss"

United said:

"We just cannot afford to
take the chance"

North American said:

"This new market for low cost air service has a potentiality many times greater than that heretofore served by those (grandfather) carriers"

Source: Airline Industry Investigation

Hearings before committee on Interstate and
Foreign Commerce, 81st Congress. pp 156 7