USE OF VISCOUNT AIRLINERS
INCREASE IN T.A.A. PROFIT
(Rec. 11 p.m.) CANBERRA, Oct. 19. Government-owned Trans-Australia Airlines made a profit of £221,059 for the year ended June 30 last, almost double the previous year’s profit. This was after setting aside £BOO,OOO for depreciation and staff superannuation. The annual report, tabled in Parliament this afternoon discloses that 1954-55 revenue was a record at £8,779,960. T.A.A. carried 685,121 paying passengers, with an aggregate pas-senger-mileage of 322,069,670. These figures, both records, are attributed to the popularity of Viscount airliners, which entered service during the year. The report says the present fleet of five Viscounts will be supplemented by one Viscount next January, three next June, and two more in 1957. T.A.A. has carried nearly 4,500,000 passengers without a death since it began in 1946.
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Press, Volume XCII, Issue 27794, 20 October 1955, Page 13
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131USE OF VISCOUNT AIRLINERS Press, Volume XCII, Issue 27794, 20 October 1955, Page 13
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