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SPANISH SECTION NEWS - PICTURES ...PAGE 8
VOL XX, No. 5
CLIPPER
LATIN AMERICAN DIVISION
MIAMI, FLORIDA, JUNE 1963
PANAIR RECREATION CLUB PICTURES . . . PAGES 4-5
630617
Pan Am Buys Supersonic Jet Transports
Lower Fares Boom Traffic, Trippe Says
Entire Industry Would Benefit by Rate Reductions
Pan American World Airways adheres to its traditional position that low unit cost produces mass transportation and will continue to advocate lower fares on overseas routes, President Juan T. Trippe told the annual meeting of stockholders.
“The traveling and shipping public, airline owners — both private stockholders and government owners — all will gain if the European air carriers and their governments will accept reasonable reduction in transatlantic tariffs,” Trippe said.
Pan American will open the first all-cargo jet service across both the Atlantic and Pacific next month, Trippe announced. The Company will have three Boeing 321C allcargo jets, the world’s largest transport, in operation within the next month, he said, adding that five more of the jet freighters are on order and will be delivered early in 1964.
Lower Cargo Rates
Lower cargo rates recently authorized and the increased speed, economy, and capacity of these allcargo Jet Clippers will bring still closer the day when air freight will become as important as passenger traffic in producing revenue. Introduction of the all-cargo jets marks the advent of a new era in international trade, using air transportation coordinated with road and rail transport for door-to-door delivery, Trippe said.
“This rapidly expanding volume of air cargo, carried on U.S.-flag aircraft, will improve the United States balance of payments in the air transport account. Both expanded air cargo volume and balance of payments improvements were stressed in the recent statement of United States International Air Transport Policy issued by President Kennedy,” Trippe stated. Available To Government
All eight jet freighters will be allocated to the Civil Reserve Air Fleet (CRAF), the commercial aircraft fleet readily available to the Government in times of emergency, as are all of Pan America’s intercontinental-range jets, Trippe added.
During the year, Pan American continued as prime contractor to the U.S. Air Force for management and operation of the $700,000,000 Cape Canaveral Missile Test Center and Atlantic Missile Range, Trippe said. He announced that the Company’s Guided Missiles Range Divi-Continued on Page 3
Operating Revenue Up First Quarter; Expenses Also Up
Pan American’s total operating revenues for the first quarter of 1963 were $115,314,000 compared to $102,596,000 in the corresponding period of 1962.
Passenger revenues amounted to $80,784,000 an 11 per cent increase from the $72,865,000 reported in the same period of the preceding year. Freight revenues were $12,640,000, a 13 per cent increase over the $11,239,-000 reported in the first quarter of 1962. Operating expenses were $117,228,000, an 8 per cent increase over the $108,894,000 in the first quarter of last year.
Net loss after taxes was $2,218,000 compared to $4,651,-000 in the corresponding quarter of 1962.
The Concorde Supersonic Jet Transport (Pictured at Top) flies at Mach 2.2, or more than twice the speed of sound.
Map Showing Flight Time of Supersonic Jet Between World Cities
Guianas Get New Service
Surinam and British Guiana are getting through jet Clipper flights to and from Miami as Pan American extends its service southward from Trinidad to Georgetown and Paramaribo.
The flights also offer connecting service at Caracas for travelers flying between Paramaribo and Georgetown and the U.S. southwestern states and California. At California the flights merge with Pan Am services across the Pacific to the Orient.
The new flights, once a week in each direction, stop at Santo Domingo, Curacao, Caracas, Port of Spain and Georgetown between Miami and Paramaribo.
At Caracas passengers on Pan Am jets from California, Houston, New Orleans and Mexico make connections within an hour for Trinidad, Georgetown and Paramaribo.
The northbound flights also merge at Caracas to offer travelers from Paramaribo, Georgetown and Trinidad service to Panama, Guatemala and California.
Paramaribo, one of the first South American capitals to get Pan Am jet service in 1959, and Georgetown already have through jet Clipper flights to and from New York once each week.
Examiner Approves Mutual Aid Pact
A CAB examiner has found that the Airline Mutual Aid Pact involving a number of trunk carriers is not in violation of the Federal Aviation Act.
He said he was unable to find that the agreement was a major factor producing labor unrest in the industry during the past four years. The decision moves Eastern Air Lines a step closer to retaining approximately $16 million which it collected from other pact members as a result of its flight engineer strike last summer.
Pan Am’s WORLD of SERVICE Depends on YOU
Strike Possibilities Ended
Pan Am, Flight Engineers Agree to Arbitrate Disputes
Pan American has signed agreements with the Flight Engineers International Association and the United Plant Guard Workers of America providing for final and binding arbitration in any dispute when the machinery of the Railway Labor Act has been exhausted. TheS> agreements, together with griev-
ance procedures provided in the present contracts, will eliminate the possibility of a strike over any issue between the parties.
The agreements provide that a three-man board be selected to decide disputes concerning rates of pay, rules or working conditions in cases where the processes of negotiation and mediation as provided in the Railway Labor Act have failed to result in a solution. One member of the board would be named by the Company, another by the union and provision is made for selection of a neutral member.
Voluntary Agreement
The Secretary of Labor, speaking for the President of the United States as well as in his own behalf, has urged labor and management particularly in national defense industries to evolve, by common consent and voluntary agreement, a method for the orderly and peaceful resolution of their labor-management difficulties.
In announcing the agreements, the first of their kind in the transportation industry, Pan American, the FEIA and UPGWA said that they had acted in response to the Secretary’s request and in the interests of preserving labor peace in the industry.
Prevent Future Strikes
Pan American, the FEIA and UPGWA pointed out that the transportation and communications industries had been subjected to prolonged strikes and threats of strikes which were damaging to the nation’s economy, had an adverse effect on the balance of payments, and created serious doubts about the ability of labor and manage-
ment to settle their differences without adversely affecting the public.
The Company and the unions stated that labor-management agreements of the type signed today would prevent such strikes and avert interruption at vital defense installations and of service on an airline the services of which have been described by President Kennedy as “important to the nation’s economy, particularly in view of the international operations of the airline and the impact of its earnings on our international balance of payments.”
6 Concordes To Be Built By Europeans
Aircraft Will Fly 1,500 MPH; Ready
By Summer of 1969
Pan American has ordered six Concorde supersonic jet transport airliners with an approximate speed of Mach 2.2, more than twice that of sound.
The purchase of the new Clippers was announced by President Juan T. Trippe, following a meeting of the Board of Directors of Pan Am.
The Concordes, to be equipped with modified Olympus turbine engines, will be produced jointly by the British Aircraft Corporation, manufacturers of the long range VC-10 jets for BOAC, and Sud Aviation, which produces the Caravelle. The project is sponsored jointly by the French and British governments.
Will Fly In 1966
The production program provides for Air France and BOAC, the French and British national airlines, as well as Pan American, each receiving one of the first three Concordes produced. The same sequence will continue until each airline has received six. The price to Pan American will be on a “most favored nation” basis.
The prototype aircraft is expected to fly in the summer of 1966, with the first production aircraft available some two years later. The design specifications call for an approximate speed of Mach 2.2, with range for regular nonstop service between either Paris or London and New York, carrying 20,000 pounds payload—the equivalent of approximately 100 passengers and baggage. The speed of 1,500 miles an hour will cut transatlantic flight time to two and a half hours, or less than half that required with existing jet aircraft.
Builders Consult With Pan Am
Pan American’s purchase of the supersonic Concorde is subject to its meeting the design specifications and being licensed as to safety and airworthiness by the governments of France, Great Britain and the United States. The aircraft must also be capable of integration in operation with subsonic aircraft in use at the time the Concorde is placed in service. In addition, if Pan American were to terminate the purchase contract at a later date Pan American would pay an agreed penalty.
The manufacturer, Sud Aviation —British Aircraft Corporation, will consult with the Pan American Technical Committee during the Continued on Page 3
Supersonic Concorde Statistics
Speed
Range
Passengers
Overall Length
Wingspan
Gross Weight
Engines
Cruising Altitude
Mach 2.2 (1,500 statute miles per hour) Nonstop transatlantic 100
170 feet 77 feet
Approximately 300,000 pounds 4 Bristol Siddeley/SNECMA Mark 593 turbojets (28,000 pounds of thrust each) 65,000 - 70,000 feet.
COMPARATIVE FLIGHT TIMES BOEING 321B AND SUPERSONIC CLIPPERS (Pan Am’s Boeing 321B Fanjet Clippers are the fastest passenger planes now in use)
Flights Between Stations
New York-London New York-Paris Miami-Buenos Aires New York-Rio de Janeiro Miami-Mexico City New York-San Juan New York-Caracas Miami-Panama
Boeing 321B Fanjet
6 hrs. 12 mins. 30 mins. 45 mins. 10 mins. 35 mins.
3 hrs. 25 mins.
4 hrs. 25 mins. 2 hrs. 32 mins.
6 hrs.
8 hrs.
9 hrs. 2 hrs.
Concorde Supersonic l hrs. 30 mins. 5 hrs. 9 mins. 1 hrs. 10 mins. 1 hrs. 16 mins.
52 minutes 1 hr. 6 mins. 1 hr. 27 mins. 50 minutes
Object Description
Description
| Title | Page 1 |
| Object ID | asm0341002942 |
| Digital ID | asm03410029420001001 |
| Full Text | SPANISH SECTION NEWS - PICTURES ...PAGE 8 VOL XX, No. 5 CLIPPER LATIN AMERICAN DIVISION MIAMI, FLORIDA, JUNE 1963 PANAIR RECREATION CLUB PICTURES . . . PAGES 4-5 630617 Pan Am Buys Supersonic Jet Transports Lower Fares Boom Traffic, Trippe Says Entire Industry Would Benefit by Rate Reductions Pan American World Airways adheres to its traditional position that low unit cost produces mass transportation and will continue to advocate lower fares on overseas routes, President Juan T. Trippe told the annual meeting of stockholders. “The traveling and shipping public, airline owners — both private stockholders and government owners — all will gain if the European air carriers and their governments will accept reasonable reduction in transatlantic tariffs,” Trippe said. Pan American will open the first all-cargo jet service across both the Atlantic and Pacific next month, Trippe announced. The Company will have three Boeing 321C allcargo jets, the world’s largest transport, in operation within the next month, he said, adding that five more of the jet freighters are on order and will be delivered early in 1964. Lower Cargo Rates Lower cargo rates recently authorized and the increased speed, economy, and capacity of these allcargo Jet Clippers will bring still closer the day when air freight will become as important as passenger traffic in producing revenue. Introduction of the all-cargo jets marks the advent of a new era in international trade, using air transportation coordinated with road and rail transport for door-to-door delivery, Trippe said. “This rapidly expanding volume of air cargo, carried on U.S.-flag aircraft, will improve the United States balance of payments in the air transport account. Both expanded air cargo volume and balance of payments improvements were stressed in the recent statement of United States International Air Transport Policy issued by President Kennedy,” Trippe stated. Available To Government All eight jet freighters will be allocated to the Civil Reserve Air Fleet (CRAF), the commercial aircraft fleet readily available to the Government in times of emergency, as are all of Pan America’s intercontinental-range jets, Trippe added. During the year, Pan American continued as prime contractor to the U.S. Air Force for management and operation of the $700,000,000 Cape Canaveral Missile Test Center and Atlantic Missile Range, Trippe said. He announced that the Company’s Guided Missiles Range Divi-Continued on Page 3 Operating Revenue Up First Quarter; Expenses Also Up Pan American’s total operating revenues for the first quarter of 1963 were $115,314,000 compared to $102,596,000 in the corresponding period of 1962. Passenger revenues amounted to $80,784,000 an 11 per cent increase from the $72,865,000 reported in the same period of the preceding year. Freight revenues were $12,640,000, a 13 per cent increase over the $11,239,-000 reported in the first quarter of 1962. Operating expenses were $117,228,000, an 8 per cent increase over the $108,894,000 in the first quarter of last year. Net loss after taxes was $2,218,000 compared to $4,651,-000 in the corresponding quarter of 1962. The Concorde Supersonic Jet Transport (Pictured at Top) flies at Mach 2.2, or more than twice the speed of sound. Map Showing Flight Time of Supersonic Jet Between World Cities Guianas Get New Service Surinam and British Guiana are getting through jet Clipper flights to and from Miami as Pan American extends its service southward from Trinidad to Georgetown and Paramaribo. The flights also offer connecting service at Caracas for travelers flying between Paramaribo and Georgetown and the U.S. southwestern states and California. At California the flights merge with Pan Am services across the Pacific to the Orient. The new flights, once a week in each direction, stop at Santo Domingo, Curacao, Caracas, Port of Spain and Georgetown between Miami and Paramaribo. At Caracas passengers on Pan Am jets from California, Houston, New Orleans and Mexico make connections within an hour for Trinidad, Georgetown and Paramaribo. The northbound flights also merge at Caracas to offer travelers from Paramaribo, Georgetown and Trinidad service to Panama, Guatemala and California. Paramaribo, one of the first South American capitals to get Pan Am jet service in 1959, and Georgetown already have through jet Clipper flights to and from New York once each week. Examiner Approves Mutual Aid Pact A CAB examiner has found that the Airline Mutual Aid Pact involving a number of trunk carriers is not in violation of the Federal Aviation Act. He said he was unable to find that the agreement was a major factor producing labor unrest in the industry during the past four years. The decision moves Eastern Air Lines a step closer to retaining approximately $16 million which it collected from other pact members as a result of its flight engineer strike last summer. Pan Am’s WORLD of SERVICE Depends on YOU Strike Possibilities Ended Pan Am, Flight Engineers Agree to Arbitrate Disputes Pan American has signed agreements with the Flight Engineers International Association and the United Plant Guard Workers of America providing for final and binding arbitration in any dispute when the machinery of the Railway Labor Act has been exhausted. TheS> agreements, together with griev- ance procedures provided in the present contracts, will eliminate the possibility of a strike over any issue between the parties. The agreements provide that a three-man board be selected to decide disputes concerning rates of pay, rules or working conditions in cases where the processes of negotiation and mediation as provided in the Railway Labor Act have failed to result in a solution. One member of the board would be named by the Company, another by the union and provision is made for selection of a neutral member. Voluntary Agreement The Secretary of Labor, speaking for the President of the United States as well as in his own behalf, has urged labor and management particularly in national defense industries to evolve, by common consent and voluntary agreement, a method for the orderly and peaceful resolution of their labor-management difficulties. In announcing the agreements, the first of their kind in the transportation industry, Pan American, the FEIA and UPGWA said that they had acted in response to the Secretary’s request and in the interests of preserving labor peace in the industry. Prevent Future Strikes Pan American, the FEIA and UPGWA pointed out that the transportation and communications industries had been subjected to prolonged strikes and threats of strikes which were damaging to the nation’s economy, had an adverse effect on the balance of payments, and created serious doubts about the ability of labor and manage- ment to settle their differences without adversely affecting the public. The Company and the unions stated that labor-management agreements of the type signed today would prevent such strikes and avert interruption at vital defense installations and of service on an airline the services of which have been described by President Kennedy as “important to the nation’s economy, particularly in view of the international operations of the airline and the impact of its earnings on our international balance of payments.” 6 Concordes To Be Built By Europeans Aircraft Will Fly 1,500 MPH; Ready By Summer of 1969 Pan American has ordered six Concorde supersonic jet transport airliners with an approximate speed of Mach 2.2, more than twice that of sound. The purchase of the new Clippers was announced by President Juan T. Trippe, following a meeting of the Board of Directors of Pan Am. The Concordes, to be equipped with modified Olympus turbine engines, will be produced jointly by the British Aircraft Corporation, manufacturers of the long range VC-10 jets for BOAC, and Sud Aviation, which produces the Caravelle. The project is sponsored jointly by the French and British governments. Will Fly In 1966 The production program provides for Air France and BOAC, the French and British national airlines, as well as Pan American, each receiving one of the first three Concordes produced. The same sequence will continue until each airline has received six. The price to Pan American will be on a “most favored nation” basis. The prototype aircraft is expected to fly in the summer of 1966, with the first production aircraft available some two years later. The design specifications call for an approximate speed of Mach 2.2, with range for regular nonstop service between either Paris or London and New York, carrying 20,000 pounds payload—the equivalent of approximately 100 passengers and baggage. The speed of 1,500 miles an hour will cut transatlantic flight time to two and a half hours, or less than half that required with existing jet aircraft. Builders Consult With Pan Am Pan American’s purchase of the supersonic Concorde is subject to its meeting the design specifications and being licensed as to safety and airworthiness by the governments of France, Great Britain and the United States. The aircraft must also be capable of integration in operation with subsonic aircraft in use at the time the Concorde is placed in service. In addition, if Pan American were to terminate the purchase contract at a later date Pan American would pay an agreed penalty. The manufacturer, Sud Aviation —British Aircraft Corporation, will consult with the Pan American Technical Committee during the Continued on Page 3 Supersonic Concorde Statistics Speed Range Passengers Overall Length Wingspan Gross Weight Engines Cruising Altitude Mach 2.2 (1,500 statute miles per hour) Nonstop transatlantic 100 170 feet 77 feet Approximately 300,000 pounds 4 Bristol Siddeley/SNECMA Mark 593 turbojets (28,000 pounds of thrust each) 65,000 - 70,000 feet. COMPARATIVE FLIGHT TIMES BOEING 321B AND SUPERSONIC CLIPPERS (Pan Am’s Boeing 321B Fanjet Clippers are the fastest passenger planes now in use) Flights Between Stations New York-London New York-Paris Miami-Buenos Aires New York-Rio de Janeiro Miami-Mexico City New York-San Juan New York-Caracas Miami-Panama Boeing 321B Fanjet 6 hrs. 12 mins. 30 mins. 45 mins. 10 mins. 35 mins. 3 hrs. 25 mins. 4 hrs. 25 mins. 2 hrs. 32 mins. 6 hrs. 8 hrs. 9 hrs. 2 hrs. Concorde Supersonic l hrs. 30 mins. 5 hrs. 9 mins. 1 hrs. 10 mins. 1 hrs. 16 mins. 52 minutes 1 hr. 6 mins. 1 hr. 27 mins. 50 minutes |
| Archive | asm03410029420001001.tif |
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