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Aviation History
1968
1968 - 0451.PDF
-I FUC Internationa/, 28 Word. 1968 The Wo British-owned air-craft recently leased to Middle East Airlines, andin the carrier's full colours, seen at Heathrow London.Above is Laker Airways VCIO prototype (OD-AFA)on final approach to 28R. Below is British Eagle'sBoeing 707-36SC, which carries the Bermuda regi-stration VR-BCP a "considerable short-fall of traffic in some sectors" was blamed on delays in aircraft deliveries, political disturbances in certain areas, and economic recession in several countries. 1967 1966 Operating costs (Sw fr) 651,300,000 566,400,000 Operating profit (Sw fr) 119,500,000 133,600,000 Total revenue (Sw (r) 770,800,000 700,000,000 Net profit (Sw fr) 24,548,000 22,652,000 % change on1967 1966 Passengers carried 2,692,970 +12 Revenue passenger tonne-km 276,000,000 +12 Passenger load factor 56.7% (1966: 55.8%) Cargo tonne-km 68,600,000 Total available tonne-km 651,000,000 +10 Total revenue tonne-km 358,000,000 +10 Overall load factor (scheduled services) ... ... 55% (1966: 55.4%) United Air Lines became in 1967 the first carrier to pass the SI,000 million mark in annual revenue, according to the airline's president, Mr George Keck. Comparisons of the year's performance against 1966, he said, had to be viewed in the light of the 43-day strike in that year. He attributed a 5.7 per cent decline in revenue per passengernmile to the continuing trend towards low-fare coach services and the increase in promotional discount travel. "Promotional fares are important in the progress of air transportation," he added, "but their basic purpose is to stimulate traffic in off-peak periods. This objective has been brushed aside by competitive forces in the industry. . . . The continuing decline in revenue yields is resulting in an industry price-cost squeeze." The challenge of 1968 would be that of converting the volume of traffic growth into adequate earnings. 1967 1966 Operating revenue ($) 1,098,938,000 856,903,000 Operating costs ($) 988,408,000 785,362,000 Operational profit, pre-tax (S) 110,530,000 71,541,000 Net profit on aircraft sale ($) 892,000 1,694,000 Net profit ($) 72,819,000 38,308,000 Revenue passengers carried 23,947,000 18,333,000 Passenger load factor 59.8% 57.6% Revenue passenger-miles 18,766,754,000 ( + 40% on 1966) Cargo ton-miles 417,182,000 ( + 28% on 1966) PAL Orders More 748s Philippine Airlines have taken up he option to purchase an additional two HS.748s, bringing 'he total to ten. inn- A contract for two Fokker F.27 Mk uVLhas now been signed by the Dutch Antillean Airlines . LM> Antilliaanse Luchvaart Maatschappij) for delivery in Te- TheY will join ALM's two DC-9-10s. The Dutch Antillean enj Ver f nment wil1 take over the airline completely from the «a of this year, though KLM will continue to give technicalass 'stance. Increases Orders The board of Swissair has .pproved the placing of orders for a seventh DC-8-62 and a DC s <* °C-9 (a -33F). The airline's original order for a sixth •wo f tuWaS ^"Sed last vear to a "62F. so Swissair now has° Passenger /cargo versions in the long-range 60 Series are now in service on the North and South Second -320C for Ethiopian An order for a second Boeing 7O7-32OC has been placed by Ethiopian Airlines for service from September this year. The carrier's first is due to be delivered next month to join the two 72OBs in service. The airline's -32OCs are laid out with 126 tourist and 16 first-class seats. All Nippon Orders 737s ... As forecast by Sensor in the issue of February 29, All Nippon Airways have now ordered three Boeing 737s for delivery in May (two) and August next year. They will be used on short-haul domestic routes. ... and YS-llAs An order for three NAMC YS-llAs—the new variant with 2.0001b additional payload—has also been signed by All Nippon. Deliveries are scheduled for this month, late May and late September. Other YS-11A buyers are Cruzeiro of Brazil (eight) and Piedmont Airlines of North Carolina, USA (ten). Cruzeiro will return the four standard YS-lls, which are on lease from NAMC.
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