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LIVES RISKED.

COUNTING THE COST.

PAN-AMERICAN AIRWAYS.

COMPLETION Or FIIUT YEAB4Prom Oor Own Correspondent.) SAX FKAXCISOO. January 11. With the completion of Hip first year of itH tiHiiH ]>H<iii<- service, Pan-Amori-can Airwave is weighing the tmsie economic* of t li«' project on which .'i .200.000 dollars ( 11,040,000 at (nil) llHi been expended, and for which pilot* and ground crows have linked their lives and undergone hardships *ince l'.t.'U. The record i* being written in red ink at present, but airline oflicials are lar from being disheartened at Ilicir San Francisco headquarter* ofllces. Heavy losses at tirst were foreseen. Kctiline thus far ha\e fallen far short of paying operating expenses, nut to mention returns oil cnpiUll imested, although passenger an<l freight ti attic have lieeti at virtually full capacity since inception of each. Thus Pan-American officials are trimmin« expenses, planning incienr.ee in carrying capacity for passengers and freights, a« indicated liy order* for t 40-seat flying boats under construction in Seattle. At present Clipper ship* carry only nix pa*i«engere on the 2400inile hop U'twccn Alameda Airport in San Francisco Kay and Honolulu, and twelve from Honolulu to Manila. The three Clip pern in uerxice, China, Philippine and Hawaiiiin. have in I'anAluerican'H lir*t year t>l operation, flown ■ r>41.2410 in Men in actual Iran* > imio I crossing, far hlmiw* the rnliic total of individual occau»pa lining flyer* dining the past decade. Sixty-nix one way had keen , completed at the end in" the liiM year , * I operut ion», live coinplclp cieun Dili lied i> and in eer\ ice, approximately 2.'><>ll> of 1 air freight carried on each trip from the Alameda terminal nml dollar* . ( i:. r >l>o,ooo at par) expended alonfl in e»Utbli>hineat uf i»land bate*.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19370223.2.46

Bibliographic details

Auckland Star, Volume LXVIII, Issue 45, 23 February 1937, Page 5

Word Count
282

LIVES RISKED. Auckland Star, Volume LXVIII, Issue 45, 23 February 1937, Page 5

LIVES RISKED. Auckland Star, Volume LXVIII, Issue 45, 23 February 1937, Page 5