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Sixth SP to join fleet One more aircraft for Pan Am’s hard-working 747SP fleet. The Board of Directors approved the acquisition of a sixth SP which is due for delivery in May. The aircraft, N536PA, will be named “Clipper Highflyer,” according to the Engineering Department. The new jumbo jet brings to 39 the total number of widebodied jets in Pan Am’s fleet. These include 30 standard 747 passenger models and 3 all-cargo 747s. Pan Am operates the largest 747 jumbo jet fleet in the world—which also is the largest jumbo fleet of any one aircraft type. United Airlines has 37 DC-lOs. . . in addition to 18 747s. Pan Am’s 747SPs, meantime, continue to amaze on the long-haul routes. The inauguration of the SP South Pacific service saw the first flight between Sydney and San Francisco cover the 7,475 mile distance in a record 12 hours, 56 minutes with 33 First Class and 169 Economy aboard. Since inauguration of 747 service on January 21,1970, Pan Am’s jumbo fleet has flown over 61.8 billion revenue passenger miles. . . carried 25.6 million passengers . . . and 101 million tons of cargo and mail. These statistics represent about 20 percent of the 747 industry totals, according to data supplied by The Boeing Co. AWARE book distributed Some of the most important people in Pan Am’s world—travel agents and U.S. Congressmen— will soon be receiving their own copy of a new 16-page booklet that updates the company’s situation at home and abroad. It was produced and paid for entirely by the Pan Am Employee Aware Committee. Entitled We Need You, (WNY) the booklet uses clear, straightforward language to remove the mystery from technical subjects like domestic fill-up rights, off-route charter restrictions and discriminatory practices. WNY describes what’s been done in these areas and what should be done by the policy makers in Washington to end the inequities faced by Pan Am and other U.S. Flag carriers. The booklet’s cover is linked to the title by an illustration patterned after the Uncle Sam induction posters created by the Army during World War II. WNY resulted from an Aware Committee desire to continue the highly successful 1974 advertising campaign initiated by the Berlin- Continued on page 2 Vance Chairman Seawell: Modest 76 Chairman Seawell told members of the New York Management Club that Pan Am will post a “modest” operating profit for 1976 and that the decision to acquire another 747$P are among the “omens of progress” for the coming year. Seawell said the widely acknowledged bottom line profit that Pan Am will report for 1976 is chiefly because Of the recent debenture exchange, but he pointed to the expected operating profit as the most favorable sign in Pan Am’s financial turnaround. Some 300 New York area employees heard Mr. Sea well’s candid remarks about the current IATA fares pact reached IATA carriers have reached a partial agreement on new North Atlantic fares to become effective April 1, 1977, subject to the approval of all of the foreign governments involved as well as the CAB. The agreement provides for increases ranging from 1 to 11 percent above current fare levels, depending on the fare category. It Continued on page 6 ; \ The Employee Awareness Executive Committee plans a worldwide tour during January and February to recruit employees to work with the Awareness program. See storv, page 3. V_______________________________I______________________________/ Col ussy, Waltrip elected to Board Waltrip -1 Dan A. Colussy and William H.Waltrip were elected to the Pan Am Board of Directors at the Board’s monthly meeting Dec. 7, and at the same time elevated from Senior Vice President to Executive Vice President. Colussy continues to head the ------------------- marketing arm of the airline, including cargo and service functions, with the title Executive Vice President-Marketing. Waltrip, formerly Senior Vice President-Airline Planning and Scheduling, heads the operating arm of Pan Am with the title Executive Vice President-Operations. Both report to President F.C. Wiser. Hill named V P The Board also named Henry P. Hill, Jr., formerly Staff Vice President-Schedules, to be Vice President-Airline Planning and Scheduling—the post held by Waltrip. Additionally, the Board was advised of the resignation of Board Member Cyrus R. Vance who was selected by President-elect Carter operating profit seen By Paul Friend as U.S. Secretary of State. Vance had been a member of the Pan Am Board since 1969. The Pan Am Board membership now totals 18, including Chairman Seawell. Colussy, 45, who joined Pan Am in April 1970 as Vice President-Marketing Development, was named Senior Vice President-Marketing and Services in June 1975. Prior to joining Pan Am, he was Vice President at the advertising agency of Wells, Rich, Greene, Inc. He also held earlier airline posts with Northeast Airlines and American Airlines. Waltrip, 39, joined Pan Am in November 1972, as Staff Vice President-Schedule Planning, after holding various financial and economic posts at Eastern and American airlines and the Air Transport Association. He was promoted to Senior Vice President-Airline Planning and Scheduling in September 1975. Hill, 32, came to Pan Am from Eastern Airlines in January 1973, as Staff Vice President-Airline Planning. New York Airways S-61 helicopter shown during a recent test flight to the heliport on top of the Pan Am Building in midtown Manhattan. Discussions are continuing with New York City municipal officials aimed at renewing service from the Pan Am Building which would provide direct connections to Pan Am flights at the Worldport, JFK. Notice the 50th anniversary symbol at the top of the page. Pan Am will be using it throughout 1977 to celebrate the company’s half-century birthday on October 28. status of the Company and the outlook for next year. Although the airline is on the road to recovery, Seawell emphasized that “we have to renew our efforts to be innovative and efficient to survive.” He stressed that one of the keys is profitability and that Pan Am must have a better, first quarter in 1977 to build the financial muscle needed to compete. Exploratory exchange of information is underway with Continental Airlines, Seawell said. But they are very low key at present. He said he expected a decision in the spring as to whether the airline would abandon the talks or go ahead with formal merger negotiations. He said the recent decision by the Continued on page 6
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Title | Page 1 |
Object ID | asm0341005456 |
Digital ID | asm03410054560001001 |
Full Text | Sixth SP to join fleet One more aircraft for Pan Am’s hard-working 747SP fleet. The Board of Directors approved the acquisition of a sixth SP which is due for delivery in May. The aircraft, N536PA, will be named “Clipper Highflyer,” according to the Engineering Department. The new jumbo jet brings to 39 the total number of widebodied jets in Pan Am’s fleet. These include 30 standard 747 passenger models and 3 all-cargo 747s. Pan Am operates the largest 747 jumbo jet fleet in the world—which also is the largest jumbo fleet of any one aircraft type. United Airlines has 37 DC-lOs. . . in addition to 18 747s. Pan Am’s 747SPs, meantime, continue to amaze on the long-haul routes. The inauguration of the SP South Pacific service saw the first flight between Sydney and San Francisco cover the 7,475 mile distance in a record 12 hours, 56 minutes with 33 First Class and 169 Economy aboard. Since inauguration of 747 service on January 21,1970, Pan Am’s jumbo fleet has flown over 61.8 billion revenue passenger miles. . . carried 25.6 million passengers . . . and 101 million tons of cargo and mail. These statistics represent about 20 percent of the 747 industry totals, according to data supplied by The Boeing Co. AWARE book distributed Some of the most important people in Pan Am’s world—travel agents and U.S. Congressmen— will soon be receiving their own copy of a new 16-page booklet that updates the company’s situation at home and abroad. It was produced and paid for entirely by the Pan Am Employee Aware Committee. Entitled We Need You, (WNY) the booklet uses clear, straightforward language to remove the mystery from technical subjects like domestic fill-up rights, off-route charter restrictions and discriminatory practices. WNY describes what’s been done in these areas and what should be done by the policy makers in Washington to end the inequities faced by Pan Am and other U.S. Flag carriers. The booklet’s cover is linked to the title by an illustration patterned after the Uncle Sam induction posters created by the Army during World War II. WNY resulted from an Aware Committee desire to continue the highly successful 1974 advertising campaign initiated by the Berlin- Continued on page 2 Vance Chairman Seawell: Modest 76 Chairman Seawell told members of the New York Management Club that Pan Am will post a “modest” operating profit for 1976 and that the decision to acquire another 747$P are among the “omens of progress” for the coming year. Seawell said the widely acknowledged bottom line profit that Pan Am will report for 1976 is chiefly because Of the recent debenture exchange, but he pointed to the expected operating profit as the most favorable sign in Pan Am’s financial turnaround. Some 300 New York area employees heard Mr. Sea well’s candid remarks about the current IATA fares pact reached IATA carriers have reached a partial agreement on new North Atlantic fares to become effective April 1, 1977, subject to the approval of all of the foreign governments involved as well as the CAB. The agreement provides for increases ranging from 1 to 11 percent above current fare levels, depending on the fare category. It Continued on page 6 ; \ The Employee Awareness Executive Committee plans a worldwide tour during January and February to recruit employees to work with the Awareness program. See storv, page 3. V_______________________________I______________________________/ Col ussy, Waltrip elected to Board Waltrip -1 Dan A. Colussy and William H.Waltrip were elected to the Pan Am Board of Directors at the Board’s monthly meeting Dec. 7, and at the same time elevated from Senior Vice President to Executive Vice President. Colussy continues to head the ------------------- marketing arm of the airline, including cargo and service functions, with the title Executive Vice President-Marketing. Waltrip, formerly Senior Vice President-Airline Planning and Scheduling, heads the operating arm of Pan Am with the title Executive Vice President-Operations. Both report to President F.C. Wiser. Hill named V P The Board also named Henry P. Hill, Jr., formerly Staff Vice President-Schedules, to be Vice President-Airline Planning and Scheduling—the post held by Waltrip. Additionally, the Board was advised of the resignation of Board Member Cyrus R. Vance who was selected by President-elect Carter operating profit seen By Paul Friend as U.S. Secretary of State. Vance had been a member of the Pan Am Board since 1969. The Pan Am Board membership now totals 18, including Chairman Seawell. Colussy, 45, who joined Pan Am in April 1970 as Vice President-Marketing Development, was named Senior Vice President-Marketing and Services in June 1975. Prior to joining Pan Am, he was Vice President at the advertising agency of Wells, Rich, Greene, Inc. He also held earlier airline posts with Northeast Airlines and American Airlines. Waltrip, 39, joined Pan Am in November 1972, as Staff Vice President-Schedule Planning, after holding various financial and economic posts at Eastern and American airlines and the Air Transport Association. He was promoted to Senior Vice President-Airline Planning and Scheduling in September 1975. Hill, 32, came to Pan Am from Eastern Airlines in January 1973, as Staff Vice President-Airline Planning. New York Airways S-61 helicopter shown during a recent test flight to the heliport on top of the Pan Am Building in midtown Manhattan. Discussions are continuing with New York City municipal officials aimed at renewing service from the Pan Am Building which would provide direct connections to Pan Am flights at the Worldport, JFK. Notice the 50th anniversary symbol at the top of the page. Pan Am will be using it throughout 1977 to celebrate the company’s half-century birthday on October 28. status of the Company and the outlook for next year. Although the airline is on the road to recovery, Seawell emphasized that “we have to renew our efforts to be innovative and efficient to survive.” He stressed that one of the keys is profitability and that Pan Am must have a better, first quarter in 1977 to build the financial muscle needed to compete. Exploratory exchange of information is underway with Continental Airlines, Seawell said. But they are very low key at present. He said he expected a decision in the spring as to whether the airline would abandon the talks or go ahead with formal merger negotiations. He said the recent decision by the Continued on page 6 |
Archive | asm03410054560001001.tif |
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