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net loss reported for June
Pan Am has reported a net loss for June of $2,387,000 or six cents a share, compared with a net income of $5,468,000 or 16 cents a share for the same month a year ago.
The June loss brings the second quarter loss to $15,589,000 or 40 cents a share, compared with a net income of $1,099,000 or three cents a share, for the same quarter last year.
the merger talks see page 3
Enjoying lunch with President Halaby: Connie, Mary, Carola, Jennie and Ellen.
“Actually, this award should go to everyone at the Washington base,” Carola said. “They treat us well and we in turn want to do well by them.”
stews win highest honor
by E. Dianne Campbell
Five Washington-based stewardesses have received the highest employee honor Pan Am gives for service to passengers.
“We’re very happy to get the award, but really we had fun through the whole episode,” is the unanimous reaction of the quintet.
The honor is the annual customer service award. It is presented by President Najeeb Halaby and carries an honorarium of $1,000, to be divided equally. Individual winners also get a plaque and a nosub first class pass for themselves and a relative.
The episode that brought the selection of these five girls began as a simple fuel stop in Bangor, Maine, that turned into a 24-hour delay because of a blizzard.
Carola Paterson, Connie Lake Col-lis, Ellen Zapke Anderson, Mary Eck-lund, and Jennie Kluttz were cited for making the best of a challenging situation.
It all started February 23, 1970, on Flight 53 from Paris to Washington via Boston. There was a storm in the Northeast corridor and the captain took the precaution of stopping at Bangor to refuel. Numerous other flights were going into Bangor also, so it was felt that the weather there was clear enough for a routine stop. By the time they got on the ground, the weather had changed dramatically.
“There were 75-mile-per-hour winds and freezing rains,” recalls Connie
Collis. She and Carola Paterson were the pursers on the flight. There were so many planes on the ground and the Customs facilities were so small, that the 115 passengers had to stay in the plane for 3V2 hours. So the flight service crew broke out champagne for everyone.
When permission finally came to disembark, the girls bundled everyone in blankets for the walk into the terminal. “The problem,” Jennie Kluttz says, “was that we had to leave the
plane quite far out on the ramp. The winds were so high that they were afraid to move it for fear of it being blown over. So the passengers had to walk quite a distance.”
“They were a little unhappy at first,” Mary Ecklund adds, “but they were wrapped in blankets and we didn’t have any. When they saw how bad we looked—we were soaked to the skin—they realized that we were worse off than they.”
please turn to page 3
Net loss for the first six months of 1971 is $39,465,000 or $1.06 a share, compared with a net loss of $18,721,000 or 54 cents a share for the same period last year.
Total operating revenues for the six months were $537,837,000 compared with $532,218,000 last year, up 1.1 percent. However, operating expenses were $566,903,000, up 4.4 percent from $542,860,000 last year.
Operating revenues for the second quarter totalled $282,508,000, down 3.9 percent from the same quarter last year, while operating expenses were $292,957,000, up three percent.
Total operating revenues for June were $98,927,000, 8.1 percent below June’s a year ago. Total operating expenses increased by 1.9 percent to $99,878,000.
Revenue ton-miles in the second quarter decreased 6.9 percent, compared with an increase of 3.6 percent in available ton-miles.
President Najeeb E. Halaby was both heartened and discouraged by the six-month results. “The encouraging part of the figures,” he said, “is the continued effectiveness of our cost control program. The discouraging part is the serious shortfall in revenue.”
.a—— .. , * *"% I C A «V
It’s no longer a German law that every airfield have
sheep grazing - ,
to keep the grass close and evenly cut. These critters at Berlin’s Tempel-hof Airport apparently didn’t get the word.
ÊËÊÊÊÉÊÊÈÊÊ&' ■:
■»■■Bp
■
:
Object Description
Description
| Title | Page 1 |
| Object ID | asm0341005393 |
| Digital ID | asm03410053930001001 |
| Full Text | net loss reported for June Pan Am has reported a net loss for June of $2,387,000 or six cents a share, compared with a net income of $5,468,000 or 16 cents a share for the same month a year ago. The June loss brings the second quarter loss to $15,589,000 or 40 cents a share, compared with a net income of $1,099,000 or three cents a share, for the same quarter last year. the merger talks see page 3 Enjoying lunch with President Halaby: Connie, Mary, Carola, Jennie and Ellen. “Actually, this award should go to everyone at the Washington base,” Carola said. “They treat us well and we in turn want to do well by them.” stews win highest honor by E. Dianne Campbell Five Washington-based stewardesses have received the highest employee honor Pan Am gives for service to passengers. “We’re very happy to get the award, but really we had fun through the whole episode,” is the unanimous reaction of the quintet. The honor is the annual customer service award. It is presented by President Najeeb Halaby and carries an honorarium of $1,000, to be divided equally. Individual winners also get a plaque and a nosub first class pass for themselves and a relative. The episode that brought the selection of these five girls began as a simple fuel stop in Bangor, Maine, that turned into a 24-hour delay because of a blizzard. Carola Paterson, Connie Lake Col-lis, Ellen Zapke Anderson, Mary Eck-lund, and Jennie Kluttz were cited for making the best of a challenging situation. It all started February 23, 1970, on Flight 53 from Paris to Washington via Boston. There was a storm in the Northeast corridor and the captain took the precaution of stopping at Bangor to refuel. Numerous other flights were going into Bangor also, so it was felt that the weather there was clear enough for a routine stop. By the time they got on the ground, the weather had changed dramatically. “There were 75-mile-per-hour winds and freezing rains,” recalls Connie Collis. She and Carola Paterson were the pursers on the flight. There were so many planes on the ground and the Customs facilities were so small, that the 115 passengers had to stay in the plane for 3V2 hours. So the flight service crew broke out champagne for everyone. When permission finally came to disembark, the girls bundled everyone in blankets for the walk into the terminal. “The problem,” Jennie Kluttz says, “was that we had to leave the plane quite far out on the ramp. The winds were so high that they were afraid to move it for fear of it being blown over. So the passengers had to walk quite a distance.” “They were a little unhappy at first,” Mary Ecklund adds, “but they were wrapped in blankets and we didn’t have any. When they saw how bad we looked—we were soaked to the skin—they realized that we were worse off than they.” please turn to page 3 Net loss for the first six months of 1971 is $39,465,000 or $1.06 a share, compared with a net loss of $18,721,000 or 54 cents a share for the same period last year. Total operating revenues for the six months were $537,837,000 compared with $532,218,000 last year, up 1.1 percent. However, operating expenses were $566,903,000, up 4.4 percent from $542,860,000 last year. Operating revenues for the second quarter totalled $282,508,000, down 3.9 percent from the same quarter last year, while operating expenses were $292,957,000, up three percent. Total operating revenues for June were $98,927,000, 8.1 percent below June’s a year ago. Total operating expenses increased by 1.9 percent to $99,878,000. Revenue ton-miles in the second quarter decreased 6.9 percent, compared with an increase of 3.6 percent in available ton-miles. President Najeeb E. Halaby was both heartened and discouraged by the six-month results. “The encouraging part of the figures,” he said, “is the continued effectiveness of our cost control program. The discouraging part is the serious shortfall in revenue.” .a—— .. , * *"% I C A «V It’s no longer a German law that every airfield have sheep grazing - , to keep the grass close and evenly cut. These critters at Berlin’s Tempel-hof Airport apparently didn’t get the word. ÊËÊÊÊÉÊÊÈÊÊ&' ■: ■»■■Bp ■ : |
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