May 1, 1961

May 1, 1961

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SPECIAL TRANSPORT REPORTS

Supersonic Designs Cover Wide Spectrum

By David A. Anderton

ATA Facts and Figures

A STATE OF THE INDUSTRY AND PROGRESS REPORT

MANAGEMENT

Industry Ties Held Key to European Sales

By Cecil Brownlow

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102103
SPECIAL TRANSPORT REPORTS

Supersonic Designs Cover Wide Spectrum

At least eight supersonic transport designs are beginning to take shape on engineers' drawing boards in the United States, Great Britain and France. Scheduled for airline service in the early 1970s, these new transports will be operating in a flight regime called a quantum jump ahead of anything ever attempted in aviation.

By David A. Anderton

7071
ATA Facts and Figures

A STATE OF THE INDUSTRY AND PROGRESS REPORT

The enormous contributions the nation's airlines are making to the commerce, economy, and over-all strength and progress of the United States are reflected in this report covering the year 1960. This report also shows, however, that in so serving our country, our airlines in 1960 again experienced a year of depressed earnings which seriously threatens their financial stability and limits the possibilities of their continuing to expand and improve their services.
154155
MANAGEMENT

Industry Ties Held Key to European Sales

Geneva—What does the next production round in West Europe hold in store for the U.S. aviation industry? Many industry officials and representatives believe the profit potential from straight, no-strings-attached license agreements already has reached its zenith (AW Apr. 24, p. 54) and that, to survive and compete in the market of the future, steps must be taken now to gird for the next, post-Lockheed F-104 era by purchase of stock holdings in established firms, creation of new, jointly-owned companies with European partners or establishment of outright subsidiaries.

By Cecil Brownlow

118119
SPECIAL TRANSPORT REPORTS

General Electric Aft-Fans Spur Caravelle Performance

Edwards AFB, Calif.—Stepped-up performance for the Sud Aviation Caravelle through the installation of General Electric aft-fan engines has given the twin jet transport the small field capability GE hopes will make it a leading contender in airline orders for the short-to-medium-haul market.

By William S. Reed

4041
SPECIAL TRANSPORT REPORTS

Atlantic Bookings Fall Behind Jet Capacity

New York—North Atlantic airlines, their seat capacities swollen by new jet fleets, face an uncertain prospect for the peak summer season as advance bookings fail to keep pace with the capacity increase. While there are important exceptions, officials of many transatlantic carriers admit that the volume of early bookings is not greatly above last year's at this point—in some cases it is even lower.

By Glenn Garrison

3839
AIR TRANSPORT

Airlines Beginning to Probe Mass Market

Carriers will try to lure middle-income travelers from U. S. highways to bolster the lagging growth rate.

By Robert H. Cook

130131
SPECIAL TRANSPORT REPORTS

Airlines Gain Jet Overhaul Experience

More than three million hours of airline flight time accumulated by Pratt & Whitney Aircraft's four commercial turbojet powerplants have included inservice engine problems that have delayed flights or grounded individual airplanes temporarily, but no significant problems have developed to date.
148149
FINANCIAL

Airlines Report Officers' Remuneration

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: American Airlines—C. K. Smith, president and director, $85,000 salary, 25,000 shares of common stock ; Wm. J. Hogan, executive vice president and director, $71,389 salary, 500 shares of common stock; O. M. Mosier, executive vice president and director, $70,000 salary, 3,000 shares of common stock ; G. A. Spater, executive vice president and general counsel, $60,000 salary, 500 shares of common stock ; C. W. Jacob, senior vice president and secretary, $65,000 salary, 4,000 shares of common stock ; G. M. Sadler, vice president and general manager, $50,000 salary, no stock ; A. R. Bone Jr., vice president, $35,000 salary, 2,000 shares of common stock.
6061
SPECIAL TRANSPORT REPORTS

Carriers Predict 1961 Air Freight Gains

The U. S. air freight industry, no longer waiting for its "big breakthrough," now expects 1961 to usher in an era of steadily falling costs complemented by healthy—but not spectacular—increases in traffic volume. Whether the larger all-cargo lines can capture a sufficient share of the 1961 market to offset the expense of introducing new turboprop equipment is a major question this year.

By David H. Hoffman

4647
AIR TRANSPORT

Airlines Measure Religious Tour Market

New York—Transatlantic carriers are taking a new hard look at the religions air travel market—a move largely precipitated by the high-seat capacity of the carriers' jet fleets. Air France, playing down charters as "unrealistic, since a charter means that a religious group must generate enough interest to sell a full flight," is concentrating instead on religious tours available on a space-allocated basis.

By Arnold Sherman

April 241961 May 81961