Pilot Hero Accused in Insurance Plot Crash
LAS ANGELES AP reports a burned plane crash that killed pilot James I Gibbs three years ago. Police accuse Gibbs of planning the crash for $50,000 insurance and accuse his boss Richard E Loomis of sabotaging the craft. Loomis faces murder suspicion amid alleged insurance schemes and a prior agreement to split proceeds. Local honors and charity efforts followed Gibbs’s death.
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Domestic Airlines Boost Fares On July 1
Washington AP reports domestic airline fares will rise 2 percent plus a $1 surcharge for each one way ticket starting July 1. The Civil Aeronautics Board approved the increase, giving airlines about 84 million dollars more yearly revenue. Twelve trunk lines sought 4.4 to 12 percent rises, with $1 per ticket surcharges and jet flight surcharges set to expire next year. The 2.34 percent increase will stay indefinitely.
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Civil Aeronautics Board
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