May 12, 1952

Headline News

New Patterns

Headline News

Further Air Power Stretchout Is Opposed

Headline News

Four Airlines List Top 1951 Salaries

1617
Headline News

New Patterns

First Atlantic aircoaches arrive as Comet leaves. British think U. S. unduly cautious on jet carriers.

1213
Headline News

Further Air Power Stretchout Is Opposed

All-out effort is made to restore House cuts. Vandenberg and Bradley warn of Soviet buildup.

2021
Headline News

Four Airlines List Top 1951 Salaries

Airline executives’ incomes reported to CAB for 1951 show: • Sigmund Janas, Sr., Colonial Airlines president until last Sept, drew a full year’s salary of $13,000, compared with $18,000 the year before. • Alfons Landa, Colonial president starting in Sept., drew $6,533 salary.
1617
Headline News

Safety Shuffle

CAA divorces engineers from maintenance. And that action is called serious threat to safety.

1415
Headline News

Deficit Changing Air Mail Trend

Some support is given cargo airlines’ plea to carry mail, but overall cost is the prime problem.

1415
Headline News

New AMC Finance Setup Cuts Cost

Dayton, O.—Air Materiel Command is running close to schedule on a predicted annual savings of $3.5 million on Air Force contract discounts, realized by establishment of finance offices located near heavy industrial areas. Cumulative records at the end of March, 1952, reveal a total savings of $2,372,303—of a maximum possible for the period of $2,448,733.

1819
Headline News

Rheem Stock Deals Reported By Sec

Sale of 21,000 common shares of Rheem Mfg. Co. stock by D. L. Rheem, officer, leaving a total holding of 79,000 shares, is reported in the latest Securities and Exchange Commission report. Also reported: sale of 4,000 common shares by R. S. Rheem, officer, leaving a total holding of 54,028 shares.
1617
Headline News

Convair-kaiser Merger Doubtful

It now appears that the Convair, Atlas, Kaiser-Frazer merger will not materialize. After the close of a recent Atlas Corp. stockholders meeting in New York, company president Floyd Odium, also chairman of Convair’s board of directors, said that unless some answers were found to certain obstacles to the merger—and that these answers weren’t evident now—the merger did not appear feasible.
2223
Headline News

Aa Convair Crash Cause Is Unknown

Cause of the fatal crash of American Airlines Convair at Elizabeth, N. J., Jan. 22 probably will remain a mystery, CAB has reported officially. The plane went out of control in the last part of a normal instrument approach to Newark Airport.
2021
Headline News

Copter Group Plans Two-day Air Show

A two-day helicopter air show at Bolling AFB and presentation of 15 papers on various aspects of rotary-wing craft will highlight the eighth annual forum of the American Helicopter Society in Washington, D. C., May 15-18. Flight activities Saturday, May 17, will include Marine assault helicopter maneuvers, air rescue work by Air Force copters, newest Navy models including those with automatic pilots and Army observation evacuation and liaison missions. Sunday, May 18 a static display of militarv copters will be shown at Bolling AFB.
May 51952 May 191952