Re the ownership of AERAD;
From Hansard 6/8/47;
The members of the Board of International Aeradio, Ltd. are as follow:
Sir Victor Tait, K.B.E., C.B —Chairman,
Major J. R. McCrindle, O.B.E., M.C.,
Mr. Whitney Straight, C.B.E. M.C., D.F.C.,
nominated by the British Overseas Airways Corporation;
Group-Captain Patrick Saward, O.B.E.,
Commander Vladimir Wolfson,
Group-Captain Patrick de Laszlo,
nominated by the British European Airways Corporation;
Captain Gordon Store,
nominated by the British South American Airways Corporation.
The members of the Board are answerable to the shareholders. The three British Airways Corporations hold 75 per cent. of the shares.