TWA Skyliner Magazine, 1947-11-13_01 |
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VOL. 2, NO. 46 TRANS WORLD AIRLINE — FIRST IN SERVICE FROM THE GROUND UP! NOVEMBER 13, 1947 TOPS EASTBOUND OVERSEAS LOADS • TWA Shows Net Earnings of $884,124 During Third Quarter; Domestic Profit Accounts for $467,148 For its second consecutive profitable quarter, Trans World Airline showed net earnings of $884,124 during the three months ended Sept. 30, 1947, it was announced today. Continued reductions in over- ead expenses, closer consolidation TWA CAN OFFER SERVICE BETWEEN U. S., ETHIOPIA Passenger and freight air service between the United States and Ethiopia is available as good connections between TWA and Ethiopian Air Lines are made at Cairo. f overseas and domestic operations This statement was made by E. O. and increased passenger miles flown Cocke, vice-president of Traffic, largely are credited for the net in a recent bulletin issued after at- profit showing. tention had been called to the fact This net profit, amounting to 90 that TWA personnel were advising cents per share of capital stock out- utilization of surface transportation standing, compares with a 20-cent when queried as to service to profit per share for the second quarter of 1947. The third quarter net profit of $884,124 compares with a second- Ethiopia. Two regular schedules per week between Addis Ababa and Cairo leave the latter at 3 a. m. local time quarter net of $201,690 and a loss on Sundays and Thursdays and ar- NOT 10 BUT 15 YEARS All due apologies are hereby made to Assistant Secretary Carl W. Herre, Flight Control Superintendent Joseph H. Bell and Check Pilot Captain Lester D. Munger, all of KC. Because erroneous information was given the STARLINER, they were listed last week as 10-year TWAers while actually they have been with the company for 15 years. Bell and Munger came to TWA on Nov. 1, 1932, and Herre joined the ranks on Dec. 1, 1932. • of $5,723,523 for the first three months of this year. Passenger Service Aim Although TWA's operations are becoming more efficient and economical, increasing attention to passenger service is the keynote of 2 airline's management. Highlight of the report was disclosure that TWA boosted its net profit on domestic flights alone to $467,148 in September, making it the most profitable single month in the airline's history. These high September earnings more than offset a general airline industry slump, felt heavily in July and to a lesser degree during August, leaving TWA a third-quarter net profit on domestic operations of $91,671, or 9 cents a share, against a loss of $45,240 for the second quarter and a loss of $3,- 741,398 during the first three months of the year. Overseas Travel High The third quarter financial statement also disclosed that trans- Atlantic travel, contrary to belief in some quarters, continues at a high level as the accepted transportation method for all classes of travelers. Overseas traffic particularly will continue at a high level throughout the winter months because of the considerable advantage of air travel, in terms of comfort and frequency of departures, (Continued on Page 2) rive in Addis Ababa at 4:15 p. m. local time the same day and include stops at Luxor, Jeddah and Asmara. In addition, every other Monday service is offered from Addis Ababa to Nairobi. An application for permission to operate this flight weekly is pending now. time WINNING PHOTOGRAPHER in TWA's annual writing and photographic contest was John Pagoria of the Chicago Sun. His action photo (above) shows the christening of TWA's first flight from Chicago to Cairo. (See story on page 7 for details.) TWA for the first nine months of 1947 carried more average total payload per eastbound flight than any other trans-Atlantic airline and ran a close second on westbound payloads, it was announced today by C. L. Gallo, director of Traffic-International. "This can be attributed to several factors," Gallo said. "First of all, I believe the personnel in domestic TWA stations are becoming better informed about our overseas operations and are making a greater effort to book passengers and cargo. Secondly, the reduced rates on TWA's Skycargo^ which went into effect on Oct. 17, have greatly increased our volume on that score, and thirdly, the excellent advertising which the Advertising department and the industry in general have been producing have had a markedly beneficial effect. Then too, there has been a gradual but increasing uptrend in the traffic of all overseas airlines over the past several months." Optimistic on Future Asked about future prospects, Gallo said, "I can't help but feel optimistic. The recently concluded International Air Transport Association's third general postwar meeting in Rio accomplished a number of forward steps which will without doubt produce additional traffic volume for all international carriers. Agreement was reached on the standardization of many items, such as tickets, baggage checks, procedures, and rates, which will go a long way toward ending the confusion so annoying to the overseas traveler or shipper. A new air waybill and consignment note was accepted, the first such world-wide uniform shipping document in any form of transport, assuring simplified movement of cargo anywhere in the world." Hard Months Ahead Gallo remarked he didn't want to give the impression to TWA people that these high payloads can be retained without effort. "Remember," he said, "these high figures were averaged out of the first nine months accomplishment. The hard part of the year, traffic-wise, is yet to come. The advantages accomplished by IATA are not yet in effect, so we can't let up in this 'Battle for Business.' Competition will always be rough, and we can't stay on top of the heap unless we put forth the necessary effort." NO-SHOW PENALTY DROPPED Effective Nov. 15 the "no-show penalty" will be discontinued in TWA. This means that the 25% penalty charge for failure to cancel a reservation prior to flight will no longer be in effect.
Object Description
Rating | |
Title | TWA Skyliner Magazine, 1947-11-13 |
Masthead | The Skyliner: Of, for and by who are TWA |
Publisher | Transcontinental and Western Air, Inc. Kansas City, Missouri |
Coverage | United States; Missouri; Kansas City |
Date | 1947-11-13 |
Year | 1947 |
Month | 11 |
Day | 13 |
Type | Serial (Periodical, Newspaper, etc.) |
Source.Original | Western Historical Manuscript Collection-Kansas City |
Source.Digital | Western Historical Manuscript Collection-Kansas City |
Subject | Trans World Airlines (TWA) Records |
Description | An archive of the TWA Skyliner magazine |
Rights | Public domain |
Volume | Vol. 2 |
Issue | No. 46 |
Format | Tiff; pdf |
Language | Eng |
Description
Title | TWA Skyliner Magazine, 1947-11-13_01 |
Masthead | The Skyliner: Of, for and by who are TWA |
Publisher | Transcontinental and Western Air, Inc. Kansas City, Missouri |
Coverage | United States; Missouri; Kansas City |
Date | 11/13/1947 |
Year | 1947 |
Month | 11 |
Day | 13 |
Type | Serial (Periodical, Newspaper, etc.) |
Source.Original | Western Historical Manuscript Collection-Kansas City |
Source.Digital | Western Historical Manuscript Collection-Kansas City |
Subject | Trans World Airlines (TWA) Records |
Description | An archive of the TWA Skyliner magazine |
Rights | Public domain |
Volume | Vol. 2 |
Issue | No. 46 |
Format | Tiff; pdf |
Sequence | 1 |
Page | 1 |
Date Digital | 2010-03-18/09:32:35 |
Technical Metadata | Image was scanned by Western Blue in Kansas City, MO. Archival image is an 8-bit color tiff that was scanned from original at 353 dpi. The original file size was 79.2 mb. |
Language | Eng |
Transcript | VOL. 2, NO. 46 TRANS WORLD AIRLINE — FIRST IN SERVICE FROM THE GROUND UP! NOVEMBER 13, 1947 TOPS EASTBOUND OVERSEAS LOADS • TWA Shows Net Earnings of $884,124 During Third Quarter; Domestic Profit Accounts for $467,148 For its second consecutive profitable quarter, Trans World Airline showed net earnings of $884,124 during the three months ended Sept. 30, 1947, it was announced today. Continued reductions in over- ead expenses, closer consolidation TWA CAN OFFER SERVICE BETWEEN U. S., ETHIOPIA Passenger and freight air service between the United States and Ethiopia is available as good connections between TWA and Ethiopian Air Lines are made at Cairo. f overseas and domestic operations This statement was made by E. O. and increased passenger miles flown Cocke, vice-president of Traffic, largely are credited for the net in a recent bulletin issued after at- profit showing. tention had been called to the fact This net profit, amounting to 90 that TWA personnel were advising cents per share of capital stock out- utilization of surface transportation standing, compares with a 20-cent when queried as to service to profit per share for the second quarter of 1947. The third quarter net profit of $884,124 compares with a second- Ethiopia. Two regular schedules per week between Addis Ababa and Cairo leave the latter at 3 a. m. local time quarter net of $201,690 and a loss on Sundays and Thursdays and ar- NOT 10 BUT 15 YEARS All due apologies are hereby made to Assistant Secretary Carl W. Herre, Flight Control Superintendent Joseph H. Bell and Check Pilot Captain Lester D. Munger, all of KC. Because erroneous information was given the STARLINER, they were listed last week as 10-year TWAers while actually they have been with the company for 15 years. Bell and Munger came to TWA on Nov. 1, 1932, and Herre joined the ranks on Dec. 1, 1932. • of $5,723,523 for the first three months of this year. Passenger Service Aim Although TWA's operations are becoming more efficient and economical, increasing attention to passenger service is the keynote of 2 airline's management. Highlight of the report was disclosure that TWA boosted its net profit on domestic flights alone to $467,148 in September, making it the most profitable single month in the airline's history. These high September earnings more than offset a general airline industry slump, felt heavily in July and to a lesser degree during August, leaving TWA a third-quarter net profit on domestic operations of $91,671, or 9 cents a share, against a loss of $45,240 for the second quarter and a loss of $3,- 741,398 during the first three months of the year. Overseas Travel High The third quarter financial statement also disclosed that trans- Atlantic travel, contrary to belief in some quarters, continues at a high level as the accepted transportation method for all classes of travelers. Overseas traffic particularly will continue at a high level throughout the winter months because of the considerable advantage of air travel, in terms of comfort and frequency of departures, (Continued on Page 2) rive in Addis Ababa at 4:15 p. m. local time the same day and include stops at Luxor, Jeddah and Asmara. In addition, every other Monday service is offered from Addis Ababa to Nairobi. An application for permission to operate this flight weekly is pending now. time WINNING PHOTOGRAPHER in TWA's annual writing and photographic contest was John Pagoria of the Chicago Sun. His action photo (above) shows the christening of TWA's first flight from Chicago to Cairo. (See story on page 7 for details.) TWA for the first nine months of 1947 carried more average total payload per eastbound flight than any other trans-Atlantic airline and ran a close second on westbound payloads, it was announced today by C. L. Gallo, director of Traffic-International. "This can be attributed to several factors," Gallo said. "First of all, I believe the personnel in domestic TWA stations are becoming better informed about our overseas operations and are making a greater effort to book passengers and cargo. Secondly, the reduced rates on TWA's Skycargo^ which went into effect on Oct. 17, have greatly increased our volume on that score, and thirdly, the excellent advertising which the Advertising department and the industry in general have been producing have had a markedly beneficial effect. Then too, there has been a gradual but increasing uptrend in the traffic of all overseas airlines over the past several months." Optimistic on Future Asked about future prospects, Gallo said, "I can't help but feel optimistic. The recently concluded International Air Transport Association's third general postwar meeting in Rio accomplished a number of forward steps which will without doubt produce additional traffic volume for all international carriers. Agreement was reached on the standardization of many items, such as tickets, baggage checks, procedures, and rates, which will go a long way toward ending the confusion so annoying to the overseas traveler or shipper. A new air waybill and consignment note was accepted, the first such world-wide uniform shipping document in any form of transport, assuring simplified movement of cargo anywhere in the world." Hard Months Ahead Gallo remarked he didn't want to give the impression to TWA people that these high payloads can be retained without effort. "Remember," he said, "these high figures were averaged out of the first nine months accomplishment. The hard part of the year, traffic-wise, is yet to come. The advantages accomplished by IATA are not yet in effect, so we can't let up in this 'Battle for Business.' Competition will always be rough, and we can't stay on top of the heap unless we put forth the necessary effort." NO-SHOW PENALTY DROPPED Effective Nov. 15 the "no-show penalty" will be discontinued in TWA. This means that the 25% penalty charge for failure to cancel a reservation prior to flight will no longer be in effect. |