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Aviation History
1975
1975 - 0910.PDF
816 AIR TRANSPORT FLIGHT International, 21 May I97S Saudia's first Lockheed TriStar will be delivered next month. It is the first extended-range TriStar-100. Saudia's fourth will be the first long-range, RB.2I I-524-powered TriStar-200; this and the second and third aircraft may be retrofitted of airlines and the general public. Balpa points out that when the Government monitors other professions (legal and medical practices are examples) in the public interest they are not charged the full costs of the service. QUICK RESULTS THE US Civil Aeronautics Board collects a balance sheet and information on expenses, revenue and traffic from all 60 American certificated air carriers on a regular basis. The information is published according to CAB Form 41. Invaluable for any study of airline or civil transport economics, CAB Form 41 data have been used extensively in the past by airframe manufacturers and airlines. It can, however, be a laborious process to sift through the results to extract the information and collect it in a usable form. IP Sharp Associates* tells Flight that direct access to all the CAB data is now available in the UK using the com pany's time-sharing computer system and a simple type writer-terminal. No previous computer experience is necessary, accord ing to the company, to make use of the terminal for calling up information using straightforward commands in English. As an example of the use of the new arrangement, IP Sharp says a calculation of the fuel used per revenue mile by the 747, DC-10 and TriStar in service with the four big US trunks, American, Eastern, TWA and United, can be produced within seconds on the terminal at a cost of about $5, £2. Without a computer the same calculation would take between one and two man-days of effort. * IP Sharp Associates. 01-629 1564. 118-119 Piccadilly, Mayfair. London Wiv OFJ: tel PAN AM: THE $300 MILLION OVERDRAFT THE Iranian Government and Pan American Airways have reached agreement on the $300 million capital injec tion which has been under negotiation since February. The US Government said then that it "had no objections in principle" to the agreement; reports indicate that the terms are little altered from those proposed earlier. The Shah of Iran was expected to sign the agreement in Washington last week, according to the airline's chairman, Mr William T. Seawell. Nevertheless various conditions were still to be fulfilled at the end of last week. Iran requires that Pan Am's creditors waive a certain proportion of their debt and one, the Metropolitan Life Insurance Group, has shown itself reluctant to do so. However, no creditor really wants Pan Am to go bankrupt and if the Iranians agree to provide funding it is unlikely that any US concern would hold out for long. The major component of the deal is a $245 million, ten-year loan at 10-5 per cent with a three-year mora torium as interest and repayments. This, together with a one-year extension of Pan Am's existing $125 million line of credit, will hopefully give the carrier time to sort out its long-term trading problems. The deal also covers the Iranian purchase for $55 million of a controlling interest in Intercontinental Hotels, an option to< purchase a 13 per cent share of Pan Am's stock and the right to designate one director. A. British Airways TriStar was slightly damaged on landing at London Heathrow on May 12. The aircraft pitched up while making an automatic landing, slightly damaging the rear fuselage and breaking off the tip of the tail bumper. Western Airlines has applied for traffic rights on Hawaii- Vancouver, currently served by CP Air. The carrier wants to serve the route with DC-lOs, at a fare comparable to US cabotage rates on Hawaii-Seattle. Two out of three UK travel agents are recommending advance-booking charter (ABC) travel rather than the scheduled airlines' advance-purchase excursion fares, according to an opinion poll conducted by Jetsave, the UK ABC agents. Airliner market Airbus Industrie has announced that Lufthansa will receive its first A300 in the first half of next year. The announcement follows a meeting between airline and manufacturer on April 25, and is the first official reaction to persistent rumours that Lufthansa's attitude to the A300 is cooling . . . The Ilyushin 11-76 has made its first flight to Tyumen in Siberia; this may indicate that the aircraft is entering service. The 11-76 will be exhibited at the Paris Salon, according to Novosti . . . $60 billion-worth of engines and aircraft will be sold over the next ten years, according to Mr Bruce Torell, president of Pratt & Whitney Aircraft. The annual growth in the total market, in terms of seats added to the total fleet per year, will be 50 per cent higher ten years from now than in recent years; Mr Torell describes this as "a superb growth market." . . . South African Airways is choosing among the A300, DC-10, TriStar and 747SP/SK for its domestic requirements . . . The Yakovlev Yak-42 is being developed in a mixed cargo-passenger variant to carry about 31,0001b of freight.
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