• Short Summary

    Against the sombre background of what Reuters describes as the worst recession in the history of aviation and a war among airlines over passenger fares, the International Air Transport Association met in Montreal on Tuesday (29 June) for the start of a conference which, it is hoped, will avert an open battle over trans-Atlantic fares.

  • Description

    Against the sombre background of what Reuters describes as the worst recession in the history of aviation and a war among airlines over passenger fares, the International Air Transport Association met in Montreal on Tuesday (29 June) for the start of a conference which, it is hoped, will avert an open battle over trans-Atlantic fares.

    The large airlines, flying the Atlantic routes with more empty seats than passengers, maintain that fares must be cut in order to attract more custom. Smaller airlines say that fares should be raised to compensate for the fall-off in passengers. But several airlines have publicly stated that unless cuts are made, they will walk out of the conference.

    All these companies are being subjected to stiff competition from charter carriers whose aircraft do not fly unless all seats are filled. This factor, plus a general economic recession, has placed the major airlines in their worst business crisis in history.

    In Montreal, the conference was opened by IATA Director-General Mr Knut Hammarskjoeld. Earlier, about a dozen people picketed the conference's hotel building. They maintain that the IATA meets in secret to fix air prices, to the detriment of the fare-paying public. Only the introductory meeting was open to the press. Subsequent sessions will be held behind locked doors.

  • Tags

  • Data

    Film ID:
    VLVAQ5V6HSNC7F64JJ7JZTEYZXSY
    Media URN:
    VLVAQ5V6HSNC7F64JJ7JZTEYZXSY
    Group:
    Reuters - Source to be Verified
    Archive:
    Reuters
    Issue Date:
    30/06/1971
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:01:15:00
    Time in/Out:
    /
    Canister:
    N/A

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