May 15, 1961

FINANCIAL

Airlines Report Officers’ Compensation

SPACE TECHNOLOGY

Atlas Tests Key to Manned Orbital Flight

AVIONICS

Ils May Handle Automatic Blind Landing

106107
FINANCIAL

Airlines Report Officers’ Compensation

Washington—Following is a list of airline officers’ salaries, bonuses and indirect compensation, expenses, and stock holdings for the year ending Dec. 31, 1960, as filed with the Civil Aeronautics Board: Continental Airlines—R. F. Six, president and director, $68,333 salary, 5,250 shares of common stock, $32,604 expenses; H. L. Lawrence, executive vice president and director, $36,807 salary, 1,125 shares of common stock, $3,456 expenses; A. Damm vice president-finance, $28,333 salary, no stock, $3,456 expenses; H. W. Bell, Jr., vice president-personnel, $18,100 salary, 161 shares of common stock (held jointly with L. H. Bell), $5,520 expenses; C. A. Bucks, assistant vice president-sales from May 1, 1960, $10,000 salary, no stock, $3,742 expenses; H. H. Cady, assistant vice president-treasurer, $14,333 salary, no stock, $307 expenses; C. H. Calhoun vice-president-engineering and maintenance $22,073 salary, 210 shares of common stock, $3,056 expenses; F. G. Colnar, assistant vice president-budget director, $13,253 salary, 63 shares of common stock, $2,234 expenses.
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SPACE TECHNOLOGY

Atlas Tests Key to Manned Orbital Flight

9091
AVIONICS

Ils May Handle Automatic Blind Landing

Washington—There is a growing airline industry belief that the long-sought goal of all-weather operations may come from improvements in existing equipment and facilities rather than from one of the several automatic landing systems now under development or test.

120121
BUSINESS FLYING

Airedale, Terrier Unveiled at British Show

Coventry, Eng.—Beagle A109 Airedale and Beagle-Auster Terrier bowed into international business plane competition at the W. S. Shackleton air show here. Beagle—British Executive and General Aviation, Ltd.—plans to sell the swept tail, tricvcle landing gear Airedale for $12,000. Scheduled to come off the production lines at Rearsby this month, the Airedale eventually will hit a 10-per month production rate (AW May 8, p. 28).

4243
AIR TRANSPORT

British United Airways Places First Order for Bac Lll

London—First firm order for British Aircraft Corp.’s BAC 111 short-haul twin-jet transport was placed last week by British United Airways, the United Kingdom’s largest independent airline, which is applying for a share in about 24 routes now held by Britain’s two state-owned airlines, British Overseas Airways Corp. and British European Airways.

2627
MANAGEMENT

Senate Group Joins Bomber Drive, Adding $525 Million to Budget

Washington—Drive in Congress— with widespread support and apparently no opposition—to continue the Boeing B-52, armed with Skvbolt missiles, as the bomber backbone of Strategic Air Command into the 1970s was highlighted last week when the Senate Armed Services Committee unanimously added $525 million for “procurement of manned, long-range aircraft” to the President’s Fiscal 1962 program.

3435
SPACE TECHNOLOGY

Soviet Lead Indicated in Bioastronautics

4041
AIR TRANSPORT

Fare Increase Depends on Tax Action

Transportation, fuel levy changes are key factors; airlines asking extension of temporary surcharges.

3031
SPACE TECHNOLOGY

Flight Proves Man Can Function in Space

Cape Canaveral—Early data from the first manned Mercury ballistic flight is confirming the belief that man can perform useful functions in the space environment, and it is not likely that later, more precise data analysis will produce information much different from predictions.

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Letters

Enemy Capabilities With respect to Mr. John R. Tyler’s letter (AW March 27, p. 114), concerning Gen. Irvine’s recent economic study, I noted one point that deserves comment. Regardless of my opinion on the Irvine plan, I must take strong issue with Mr. Tyler’s questioning the need for a national plan.
May 81961 May 221961