Partial Merger Of Guinea
p. 21 · Read in the full issue
Airways And Ana
Guinea airways, ltd., and aus • tralian National Airways have merged, insofar as their despatch activities are concerned. This partial merger was agreed to in Adelaide on Sep tember 1.
All the passengers, mail and freight of the two companies will now pass through the rooms of ANA. The agreement covers air-hostesses; but Guinea Airways pilots will continue to operate with that com pany.
The new agreement, it is stated, has been made for purposes of economy.
Earlier this year a proposed merger was defeated at a general meeting of Guinea Airways shareholders. Four of the direc tors responsible for the merger plan re signed, whereupon four pro-merger and
four anti-merger shareholders stood for the vacancies.
The pro-merger group were elected by a small majority; and R. M. Ansett (anti merger)) went to law to challenge the validity of the election of one of the new directors, Mr. W. I. Potter. Mr. Ansett lost his case.