The Chargé in China (Vincent) to the Secretary of State
[Received 5:54 p.m.]
383. Reorganization of the Eurasia Aviation Corporation into the Central Air Transport Corporation has been announced subject to [Page 667] the approval of the Executive Yuan. New corporation is capitalized at 20,000,000 Chinese dollars and will be under the Ministry of Communications. Following the break in relations between China and Germany in July 1941, German interests in Eurasia were frozen and operation since then has been entirely in Chinese hands. The corporation [is] operating but one old plane, but a press notice expresses the expectation that a number of new airplanes will be added so as to make possible an extension of service. The present plane operates in interior China on irregular schedule out of Chungking south to Kweilin and northwest to Sinkiang.