December 24, 1945

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TRANSPORT

British Deny Easing Attitude on Trans-atlantic Traffic Split

American interests still are optimistic, however, citing present situation with U. S. operating 14 flights weekly and Britain unable to run more than one despite position latter took at Chicago.

FINANCIAL

Airline Dividends Set Record But Most Income Is Retained

Summary for 1945 shows more carriers made payments to stockholders, and in greater dollar volume, than ever before but outlays still were only small fraction of earnings.

Hedline News Section

Jet-driven Props May Power Personal Planes of the Future

Three-ft. models of "pinwheel" application being tested at NACA research laboratory; net economy over conventional engines indicated despite some limitations.

By ALEXANDER McSURELY4 min

PRIVATE FLYING

Aeronca Plant Conveyor Line Paces Post-war Lightplane Field

Middletown, Ohio, factory utilizes production methods which hold key to lowering of unit costs and reaching mass market; system follows reconversion survey.

PERSONNEL

Morris Named Assistant to President of Nal

Maj. John L. Morris, executive secretary of the Wilmington, N. C., Chamber of Commerce, will become special assistant to the president of National Airlines. Morris formerly was with the Macon, Ga. Chamber of Commerce and the Miami Chamber of Commerce.