AIRWAYS HISTORY
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29 30 own . Then , in August 1968 , an Eagle Viscount fell to earth near Munich , killing all 48 souls aboard , seemingly due to a total electrical failure while flying in cloud . The airline initiated a major economy program , laying off more than 400 staff and closing the Liverpool base and some uneconomic routes . This met with the approval of Eagle ’ s backers , two prominent London merchant banks , who agreed to provide additional finance to tide them over the winter period .
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Just as it seemed that disaster had been averted , at the beginning of November — without any prior intimation — the ATLB
60 AIRWAYS MAGAZINE JULY 2024 www . airwaysmag . com