FlightGlobal.com
Home
Premium
Archive
Video
Images
Forum
Atlas
Blogs
Jobs
Shop
RSS
Email Newsletters
You are in:
Home
Aviation History
1929
1929 - 0586.PDF
FLIGHT, MARCH 21, 1929 club earned £1 602 15s. in Government Subsidy out of a possible ^2,000. Apart from its material assets, which, at the close of the year, were valued on an extremely conservative basis at ^2,137 19s. 9d., the club possessed a reserve of cash, invested in Trustee securities, of /2.155 14s. 6d. The total liabilities outstanding at the date of balancing were /131 15s. 0%d., and these were practically set off by various deposits lodged with aircraft manufacturers, etc., amounting to ^102 7s. Id. Moreover, apart from actual deposits ^476 was due to the club in respect of unpaid subsidy, accrued investment interest, and general debts. It should be pointed out also that in drawing up the first year's accounts preliminary expenses incidental to floating the club, amounting to /95 15s. 6d., have been completely written off and also that no credit has been taken for unexpired portions of aircraft insurances. This exceptionally sound state of the club's finances is not due to an exorbitant scale of flying charges, which it is the aim of the committee to keep as low as possible, consistent with good finance. The position is entirely the direct result of much enthusiastic work put in by the club in organising various capital raising ventures, chief among which may be mentioned the Garden Fete held at Crosslees House, kindly placed at the club's disposal by Mr. Robert Hendry, the visit of the Imperial Airway's Air Liner, and the handling of the arrangements at Renfrew in connection with the King's Cup Race. » While satisfaction must be expressed at the results achieved in the first year of the club's existence, it must be remembered that, in view of the possibility of having to leave Moorpark Aerodrome at the close of the present agreement, and also in view of the discontinuance of the subsidy in two years' time, much support will be required from club members, and from that air-minded section of the public who believe in the club, and who appreciate the national importance of its work, if the good -work already done in the first year is to be consolidated and such a position built up as will enable the club to view the future with equanimity. DEMAND FOR AVRO "AVIANS Manufacturing Abroad THE Avro " Avian " is attracting a world-wide market,like other British light aeroplanes. The " Avian "agents for Queensland, Aircrafts Proprietary, Ltd., of Brisbane, are very busy demonstrating the utility of the light aeroplane. One of their " Avians " was recently chartered by a General Motors' official for a tour of dealers, which would normally have taken two weeks by travel over rough roads. The round trip of 1,500 miles by " Avian," however, was covered in a week-end of 16 flying hours. There are some " Avians " which are almost historic relics. Such is one which Lady Heath flew solo from Cape Town, South Africa, to London, and which she eventually sold to Miss Amelia Earhart, of trans-Atlantic fame. Since then, Miss Earhart has flown it from the Atlantic to the Pacific coast and back. An amusing story of this veteran machine comes from America. It seems that it was exhibited at the New York Aviation Show in February, with a placard describing its adventures, including the words " Lady Heath flew it from Cape Town to London and Return " A few days later, visitors to the exhibition observed that the words " and Return " had been struck out in pencil and the following note added : " One way was enough ! Sorry.—S. Mary Heath." Miss Lya de Putti, the Hungarian film star, is an owner of an " Avian," which she purchased in America. Miss de Putti is at present making films in England, and she intends AVRO " AVIANS " AT HOME AND ABROAD : (1) The Lancashire Aero Club's new Avro " Avian " flying over Woodford Aerodrome during the acceptance test by Mr. Hall, Chief Instructor. Note the new type undercarriage. (2) Mr. R. S. Adair (left), a pilot of Aircrafts Proprietary, Ltd., with the official of General Motors Acceptance Corporation, at the conclusion of their 1,500 miles tour of Queensland, Australia, manAvro" Avian." (3) A very good close-up of a stalled landing on the " Avian " fitted with Handley Page slots. (4) Miss Lya de Putti, the Hungarian film star, nestling to her own " Avian " at the Grand Central Air Terminal, New York. She is now in England and is sending toJJAmerica for her machine. 240
Sign up to
Flight Digital Magazine
Flight Print Magazine
Airline Business Magazine
E-newsletters
RSS
Events