THE AVIATION BOOM
[To the Editor of the SPECTATOR.]
Sm,—Animated by the same sentiments as those expressed by Admiral W. H. Henderson in your issue of November 12th, and realizing that, in the Admiral's phrase, " it is essential in the public interest that the truth about aviation should be known," I send herewith extract from a speech made in New York on the occasion of a banquet given in honour of Sir Philip Sassoon, Under-Secretary of State for Air, by the Aeronautical Chamber of Commerce of America, on Novem- ber 3rd.
The Chairman, Mr. Grover Loening, stated in the course of his remarks :—
" Many Americans believed that the real importance of 1927 from the aviation standpoint was that it was the first year in which American civil aviation has made a profit in its various phases. There were no Government subsidies in America. The biggest thing in American commercial aviation was the vast growth of private ownership and the tremendous number of fixed-base air service operators who were making real money: The Air Mail contract routes were making a real profit on their own resources."
Lieutenant-Colonel,
Assistant Secretary General, Air League. Astor House, Aldwych, London, W .C. 2.
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