GWR = Great Way Round (to Birmingham from London)
and expanding beyond the big four
South Eastern and Chatham Railway (SECR)
= Slow, Easy and Comfortable Railway
moving into aviation:-
Pan American World Airways = Pandemonium World Scareways
LUFTHANSA = Let Us F*** The Hostess And Not Say Anything
Trans World Airlines = Try Walking Across (during a pilot strike)
or
Teeny Weeny Airlines (when the western world's largest carrier)
BOAC = Better On A Camel (during route consoldation in Africa)
or
Beats Optimistic American Competion (when the Comet airliner bear the Boeing 707 as first scheduled passenger jet into service across the Atlantic)
Air France = Fair Chance
and many more!