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m im -u iiiiia iw i T T “ 1934' CODE PAN AMERICAN A IR W A Y S FEBRUARY, MARCH, APRIL, 1935 Progress Supplement In This Issue Volume 6 No. 2 PAA PERFECTS OCEAN-SPANNING RADIO COMPASS C onverts S h o rt W a v e s fo r D i re c tio n F in d in g P io n e e rin g N ew U tility A CLIPPER SHIP SPANS THE PACIFIC ANNUAL REPORT SHOWS PROGRESS M A D E IN 1934 T raffic G a in s A id e d b y L a rg e r E q u ip m e n t a n d “ N o A c c id e n t” R e c o rd o n M a rin e D iv isio n s NEW RADIO THEORY Five S ta tio n s C a n G u id e C lip p e rs A c ro s s 8 ,5 0 0 -M ile P a c ific PASS. MILES UP 44% H ig h S ta n d a r d o f O p e ra tin g E fficien cy R e c o rd s 9 9 % P lu s fo r F ifth S u c c e ssiv e Y e a r WASHINGTON.—Radically reversing radio theory, an ocean-spanning wireless direc tion-finder capable of guiding air liners across the broad stretches of either the Pacific or the Atlantic, has been ac complished by engineers of the Pan American Airways System, it was learned here following the granting of first applications by the Federal Radio Commission for the li censing of aircraft radio com munications stations to be es tablished on Pan American air bases across the Pacific Ocean. P io n e e rs N ew U se Seventeen hours, forty-five minutes from the take-off in San Francisco Bay, the great Pan American Clipper, shown here passing famous Diamond Head, at the entrance to Honolulu Harbor, passed over that Island City, completing on perfect schedule the first transport flight across this 2,400-mile section of the Pacific Ocean. Complete details of the Pacific progress will he found in the Supplement to this issue Differing completely from theories heretofore held by communications engineers as to the possibility of convert ing short-wave transmission for consistent direction find ing over long ranges, the powerful radio guide was de veloped from the same Pan American ra d io apparatus which C olonel and Mrs. Charles A. Lindbergh used in their aerial survey flight over » - the North Atlantic two years aj?o, it was learned. At that time engineers, who have de veloped the highly effective aircraft radio system em ployed by Pan American on their international air routes in Latin America, as well as in Alaska and China, were seeking to extend the range of the direction-finders then used on the 600-mile transCaribbean airline, the longest over-water route yet in oper ation. L ong E x p e rim e n ta tio n TO SPAN ALASKA IN SEVEN HOURS T w o Y e a r P r o g r a m o f O rg a n iz a tio n a n d A irw a y D e v e lo p m e n t N e a rs C o m p le tio n Basing their research to a large extent upon the results secured on the Lindbergh flight, the engineers undertook ex tended field research and have successfully p io n e e re d the effective use of short-wave radio communications for ra dio direction finding. The new Pan American di rection-finder was described as being of the Adcock type, Continued on Page 20 FAIRBANKS. — America’s “last frontier,” astride the Arctic Circle at the top of the world, will be brought as close to Seattle, Chicago and the East as New York and California are now by rail, by the magic of the world’s fastest airliners—big twin en gined, 200 mile per hour transports—which may soon span Alaska from Juneau to Nome, on the Bering Sea, in seven-hour flying schedules, replacing 34 days’ of surface travel and providing a four and one-half day service from New York to Nome. This is the far-reaching program upon which Pacific Alaska Airways, subsidiary of the Pan American Airways Sys tem, has been working for nearly two years and which will revolutionize transport and communication time in this great territory. Over historic dog-sled trails which for generations have represented the only means of reaching interior Alaska, over the heroic path to the Klon dike, the Yukon and the Kuskokwim, P. A. A. airliners will soon be able to accom plish, in a single hour’s flight, what has heretofore required Continued on Page 20 A nnual R e p o rt P raises PA A T eam w ork NEW YORK. — In his seventh annual report to stockholders, Pan American President J. T. Trippe ex pressed his personal appre ciation, and that of the en tire Board of Directors, with this statement: “Your System has won increased respect and pres tige as an American insti tution dedicated to the pro motion of i n t e r n a t i o n a l trade and social relations. This achievement serves to confirm the skill and loyalty of the 3,000 Pan American Airways employees in the United States and thirty foreign countries, who are devoted to an essential pub lic service in which success is dependent on the effec tive efforts of each individ ual. “On behalf of the Board of Directors, and on my own behalf, I wish again to record our appreciation.” CHINA AIR AID SAVES BABY’S LIFE A d d s to P a n A m e r ic a n ’s L o n g R e c o rd W ith E m e rg e n c y F lig h t W ith S e ru m Flies to Campaign For New Calendar MIAMI. — Mr. Charles C. Sutter, Director of the World Calendar Assn., flew from Mi ami to Cristobal “via Pan American airliners” and from there continued on Pan American-Grace ships. His object was to reform the Gregorian Calendar. HAICHOW.—Adding to the long life-saving record of America’s international air liners, the China National Aviation Corporation (op erated by Pan American in partnership with the Chinese Government) recently rushed serum from Shanghai to the bedside of a baby girl in Haichow, thereby probably sav ing her life, according to Dr. John H. Reed, Jr., head of the Ellen Laving Graham Hospital here. “Mr. Currie’s baby girl was ill with pneumonia and at one time we thought she might not live,” Dr. Reed said. “We thought we might save her life by serum treat ment and we knew that no other route except the planes of your company could get it through in time. “Thanks to your prompt assistance, the medicine was in my hands a little less than twenty-one hours after I wired for it. Though still very weak, I feel the child is now out of danger and will soon be well again.” NEW YORK.—With record international air passenger and express traffic, together with important reductions in depreciation charges due to retarded delivery of new oper ating equipment, the Pan Am erican Airways Corporation showed net earnings of $1,064,000 for 1934 as compared with $898,488.16 for 1933, according to the seventh annual report made to stockholders by Mr. J. T. Trippe, president. Total revenues of the Pan American Airways Corpora tion and subsidiaries for the year amounted to $9,642,568.71 and expenses amounted to $8,578,097.46. Earned surplus at December 31, 1934 amounted to_ $1,259,615.32, which, if dis tributed, would represent a rate of return of 1.80% on the average invested capital over the seven-year life of the Cor poration. Record traffic, attracted by the large four-engined “Clip per Ship” type of flying boats now replacing older equipment on the marine operating divi sions, a perfect safety record on these divisions, together with greatly increased volume originated by associated and feeder lines, which have been developed in support of the main trunk lines of the Sys tem, were important contribu ting factors to the improved earning position. Also, depre ciation charges on a substan tial number of flight units were completed during the early part of the year. Due to the fact th at no appreciable number of scheduled new re placement units were received until the latter part of the year, the annual provision for obsolescence and depreciation of flight equipment decreased to $550,000, compared with an average of $900,000 for each of the previous three years. P a s s e n g e r T ra ffic G ains Passenger traffic, partially reflecting the improved carry ing capacity of the big fourengined “Clipper Ship” type of transport, with which the older and smaller flying units are
Object Description
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Title | Page 1 |
Object ID | asm0341005167 |
Digital ID | asm03410051670001001 |
Full Text | m im -u iiiiia iw i T T “ 1934' CODE PAN AMERICAN A IR W A Y S FEBRUARY, MARCH, APRIL, 1935 Progress Supplement In This Issue Volume 6 No. 2 PAA PERFECTS OCEAN-SPANNING RADIO COMPASS C onverts S h o rt W a v e s fo r D i re c tio n F in d in g P io n e e rin g N ew U tility A CLIPPER SHIP SPANS THE PACIFIC ANNUAL REPORT SHOWS PROGRESS M A D E IN 1934 T raffic G a in s A id e d b y L a rg e r E q u ip m e n t a n d “ N o A c c id e n t” R e c o rd o n M a rin e D iv isio n s NEW RADIO THEORY Five S ta tio n s C a n G u id e C lip p e rs A c ro s s 8 ,5 0 0 -M ile P a c ific PASS. MILES UP 44% H ig h S ta n d a r d o f O p e ra tin g E fficien cy R e c o rd s 9 9 % P lu s fo r F ifth S u c c e ssiv e Y e a r WASHINGTON.—Radically reversing radio theory, an ocean-spanning wireless direc tion-finder capable of guiding air liners across the broad stretches of either the Pacific or the Atlantic, has been ac complished by engineers of the Pan American Airways System, it was learned here following the granting of first applications by the Federal Radio Commission for the li censing of aircraft radio com munications stations to be es tablished on Pan American air bases across the Pacific Ocean. P io n e e rs N ew U se Seventeen hours, forty-five minutes from the take-off in San Francisco Bay, the great Pan American Clipper, shown here passing famous Diamond Head, at the entrance to Honolulu Harbor, passed over that Island City, completing on perfect schedule the first transport flight across this 2,400-mile section of the Pacific Ocean. Complete details of the Pacific progress will he found in the Supplement to this issue Differing completely from theories heretofore held by communications engineers as to the possibility of convert ing short-wave transmission for consistent direction find ing over long ranges, the powerful radio guide was de veloped from the same Pan American ra d io apparatus which C olonel and Mrs. Charles A. Lindbergh used in their aerial survey flight over » - the North Atlantic two years aj?o, it was learned. At that time engineers, who have de veloped the highly effective aircraft radio system em ployed by Pan American on their international air routes in Latin America, as well as in Alaska and China, were seeking to extend the range of the direction-finders then used on the 600-mile transCaribbean airline, the longest over-water route yet in oper ation. L ong E x p e rim e n ta tio n TO SPAN ALASKA IN SEVEN HOURS T w o Y e a r P r o g r a m o f O rg a n iz a tio n a n d A irw a y D e v e lo p m e n t N e a rs C o m p le tio n Basing their research to a large extent upon the results secured on the Lindbergh flight, the engineers undertook ex tended field research and have successfully p io n e e re d the effective use of short-wave radio communications for ra dio direction finding. The new Pan American di rection-finder was described as being of the Adcock type, Continued on Page 20 FAIRBANKS. — America’s “last frontier,” astride the Arctic Circle at the top of the world, will be brought as close to Seattle, Chicago and the East as New York and California are now by rail, by the magic of the world’s fastest airliners—big twin en gined, 200 mile per hour transports—which may soon span Alaska from Juneau to Nome, on the Bering Sea, in seven-hour flying schedules, replacing 34 days’ of surface travel and providing a four and one-half day service from New York to Nome. This is the far-reaching program upon which Pacific Alaska Airways, subsidiary of the Pan American Airways Sys tem, has been working for nearly two years and which will revolutionize transport and communication time in this great territory. Over historic dog-sled trails which for generations have represented the only means of reaching interior Alaska, over the heroic path to the Klon dike, the Yukon and the Kuskokwim, P. A. A. airliners will soon be able to accom plish, in a single hour’s flight, what has heretofore required Continued on Page 20 A nnual R e p o rt P raises PA A T eam w ork NEW YORK. — In his seventh annual report to stockholders, Pan American President J. T. Trippe ex pressed his personal appre ciation, and that of the en tire Board of Directors, with this statement: “Your System has won increased respect and pres tige as an American insti tution dedicated to the pro motion of i n t e r n a t i o n a l trade and social relations. This achievement serves to confirm the skill and loyalty of the 3,000 Pan American Airways employees in the United States and thirty foreign countries, who are devoted to an essential pub lic service in which success is dependent on the effec tive efforts of each individ ual. “On behalf of the Board of Directors, and on my own behalf, I wish again to record our appreciation.” CHINA AIR AID SAVES BABY’S LIFE A d d s to P a n A m e r ic a n ’s L o n g R e c o rd W ith E m e rg e n c y F lig h t W ith S e ru m Flies to Campaign For New Calendar MIAMI. — Mr. Charles C. Sutter, Director of the World Calendar Assn., flew from Mi ami to Cristobal “via Pan American airliners” and from there continued on Pan American-Grace ships. His object was to reform the Gregorian Calendar. HAICHOW.—Adding to the long life-saving record of America’s international air liners, the China National Aviation Corporation (op erated by Pan American in partnership with the Chinese Government) recently rushed serum from Shanghai to the bedside of a baby girl in Haichow, thereby probably sav ing her life, according to Dr. John H. Reed, Jr., head of the Ellen Laving Graham Hospital here. “Mr. Currie’s baby girl was ill with pneumonia and at one time we thought she might not live,” Dr. Reed said. “We thought we might save her life by serum treat ment and we knew that no other route except the planes of your company could get it through in time. “Thanks to your prompt assistance, the medicine was in my hands a little less than twenty-one hours after I wired for it. Though still very weak, I feel the child is now out of danger and will soon be well again.” NEW YORK.—With record international air passenger and express traffic, together with important reductions in depreciation charges due to retarded delivery of new oper ating equipment, the Pan Am erican Airways Corporation showed net earnings of $1,064,000 for 1934 as compared with $898,488.16 for 1933, according to the seventh annual report made to stockholders by Mr. J. T. Trippe, president. Total revenues of the Pan American Airways Corpora tion and subsidiaries for the year amounted to $9,642,568.71 and expenses amounted to $8,578,097.46. Earned surplus at December 31, 1934 amounted to_ $1,259,615.32, which, if dis tributed, would represent a rate of return of 1.80% on the average invested capital over the seven-year life of the Cor poration. Record traffic, attracted by the large four-engined “Clip per Ship” type of flying boats now replacing older equipment on the marine operating divi sions, a perfect safety record on these divisions, together with greatly increased volume originated by associated and feeder lines, which have been developed in support of the main trunk lines of the Sys tem, were important contribu ting factors to the improved earning position. Also, depre ciation charges on a substan tial number of flight units were completed during the early part of the year. Due to the fact th at no appreciable number of scheduled new re placement units were received until the latter part of the year, the annual provision for obsolescence and depreciation of flight equipment decreased to $550,000, compared with an average of $900,000 for each of the previous three years. P a s s e n g e r T ra ffic G ains Passenger traffic, partially reflecting the improved carry ing capacity of the big fourengined “Clipper Ship” type of transport, with which the older and smaller flying units are |
Archive | asm03410051670001001.tif |
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