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Aviation History
1963
1963 - 0769.PDF
Aer Lingus's general manager in Britain, Geoffrey W. Pitt, talks to the Lord Mayor of Bristol, Alderman Leonard K. Stevenson, JP, at the inaugural Bristol - Cork Carvair service on May 11. This new vehicle-ferry service links the west of England with Ireland and services operate to Dublin and Cork throughout the coming summer AIR COMMERCE... PANAM'S CONTRACT REVENUES A PROFIT of £6im was made by Pan American in 1962. Did much of it come, as many of PanAm's unfriends sweepingly assert, from the airline's Cape Canaveral contracts ? This £6£m is a net figure, after deduction of all capital charges and income tax, but before deduction of a sum of £1,174,000 paid to Eastern under the US airline industry's mutual "strike aid" agreement. Pan American's net profit was actually £5,357,000, maintaining the airline's consistently profitable record since it came off subsidy in 1957 (March 14 issue, page 359). Though no detailed figures are as yet available for 1962, the revenue-breakdown position in 1961 was that, out of total revenues from all sources of just under £164m, less than £13m came from charter and non-transport sources including Cape Canaveral, MATS, civil charters, hotels, etc. Pan American's Atlantic division break-even load factor is now believed to be about 43 per cent. With the increased IATA revenue rates, Pan American's shareholders can expect their investment to wax more prosperous than ever—especially if, as may well happen, load factors increase too. PanAm's big money comes from US ex ploration of Europe, not from US exploration of space. CAB AND BOAC-CUNARD A LIST of questions about BOAC-Cunard has been submitted to BOAC by the Civil Aeronautics Board, who are due to hear the BOAC-Cunard case on June 18. The "Request For Evidence," as it is termed, contains a list of items which are believed by the CAB's counsel to "meet the minimum requirements of the Board for proof as to the issues arising." However, to avoid giving the impression that the CAB is poking its nose into the private affairs of a foreign company, the request emphasizes that the list is "a suggestion only," and it is recognized that some of the evidence may not be available under British law—though the burden of satis fying the Board remains on the applicant. The CAB would like to know what arrangements exist between BOAC and Cunard Steam-Ship with respect to the sale or dis solution of BOAC-Cunard, and about the rights of the respective shareholders in determining matters of policy. The Board would also like to know something about the sharing of costs and revenues between BOAC and Cunard, and whether BOAC-Cunard is a member of IATA bound by LATA resolutions on fares, etc. The 740 FLIGHT International, 23 May 1963 Board would moreover like to see the most recent BOAC-Cunard balance sheet and profit and loss statement. These are among the more delicate questions that are put forward by the CAB. Such questions have not so far been answered in the UK, so it unlikely that they will be answered in the USA. RSVP ON THE F.28 AFTER more than a year of discussions with British and other European airframe manufacturers regarding joint financing for the development of the F.28 twin Spey Junior-powered airliner, Fokker have now "invited" the Dutch Government to help finance its development, as they did for the Friendship. A Government decision on the F.28 project is expected in the course of this year. Although the F.28 is smaller than the One-Eleven and DC-9, and even cheaper than the One-Eleven, it is believed that at least one American manufacturer has concluded that the home market would not warrant US production of the aircraft. Speaking at a Fokker shareholders' meeting, the chairman, Mr H. W. A. van den Wall Bake, said that the company had "hardly seen any actual profit in terms of money" on the 142 F.27 Friend ships it has sold over the last seven years, but it has repaid in full the Dutch Government loan of £2.8m for development and £3m for getting the aircraft into production. INDEPENDENT MAIL REVENUES INDEPENDENT airlines who may feel aggrieved that they do not get their fair share of the Royal Mail will be interested in the April 2$ written answer in Hansard. Taking the form of a table, and supplied by the Postmaster-General in reply to an enquiry by Mr Charles Howell, the Answer indicates how the relative shares of mail tonnage and mail revenues have been distributed among BOAC, BEA, private airlines and foreign operators over the last ten years. The picture in 1961-62 was that nearly £12m was spent by the Post Office on airmail letters and parcels. Of this total by far the largest proportion, nearly 75 per cent, was carried by BOAC. BEA carried 12 per cent and foreign airlines 13 per cent—more than BEA, and very much more than the independents. Their share was an airmail-paper-thin 0.55 per cent. UAA DC-3 Crash A UAA DC-3 operating Cairo - Alexandria crashed about 25 miles north-east of Cairo on May 12 killing, according to first reports, all 27 passengers and crew of four. There were reports of turbulence. Streamlined to Impress Gibair is the new operating name of Gibraltar Airways. The change has been made to streamline organization and to make a stronger impression on the public. During 1963 the airline is offering 12 weekly return DC-3 flights between Gibraltar and Tangier. JAL Book Cargo Space Japan Air Lines have signed an agree ment booking space on PanAm's Boeing 707-320C jet freighter services from Tokyo to San Francisco due to begin in mid-June. This is the first such arrangement across the Pacific; a similar scheme is operated by Seaboard World and Lufthansa across the Atlantic using CL-44s. TCA Fit Recorders Trans-Canada Air Lines are the first com mercial airline to equip one of their regular aircraft with an auto matic flight recording system. The system being evaluated on a DC-8 is the Midas recorder built by Royston Instruments; it is capable of collecting and recording 270 items of information at six-second intervals. Good Start to BEA's Year For the first time in three years BEA have made an April profit. Writing in the May edition of BEA Magazine, Lord Douglas of Kirtleside says: "Provisional estimates of the April traffic show an increase of about 20 per cent over the same month last year. More important, we made a profit in April of at least £200,000, our first in that month since 1960 when the full profit was £ljm." Last month Lord Douglas predicted a profit for BEA during the present financial year despite rising costs and the introduction of new aircraft.
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