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Pan American / Subsidy Denied #236236

CBS Evening News for Wednesday, Sep 18, 1974
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(Studio) Ford administration turns down Pan American Airways' request for monthly subsidy.
REPORTER: Roger Mudd

(NYC) Pan American wanted subsidy to head off bankruptcy. [Trans. Secretary Claude BRINEGAR - believes financing of private airlines should be private sector responsibility.] [Pan American supervisor George ALTMAN - gives ex. of flight that's losing money daily.]
REPORTER: David Henderson

(Studio) Some Pan American employees very worried about job security.
REPORTER: Roger Mudd

(Miami, Florida) Employee, Sandra Del Conte, among group of employees trying to save Pan American Employees band together to plead for government subsidy to keep Pan American and their jobs alive. [Employee Robt KNOWLES - says all employees want Pan American to survive.] Employees now plan to take plea to DC in effort to persuade reversal decision.
REPORTER: Ed Rabel

Reporter(s):
Henderson, David;
Mudd, Roger;
Rabel, Ed
Duration:
00:03:10

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