Milestones
Pan Ain’s world-wide passenger load factor for July was up 15.3 per cent over the average for July last year, to 68.5 per cent, with the figure for the Pacific up 14.2 per cent to 69.1 per cent, the airline’s New Zealand director, Mr David R. Morgan, announced yesterday. Pan Am made a SUSIO.4 million profit for the second quarter of 1983. “Pan Am is now strongly positioned for a profitable 1983,” said Mr Morgan. “We are in the forefront of the industry’s climb out of the recession.” ♦ ♦ ♦
Similar optimism Is offered by British Airways. Mr Colin Marshall, chief executive of British Airways, believes that 1984
could be a record year for carriers. Mr Marshall was commenting on the present position of British Airways, which, he said, was where it was expecting to be in terms of revenue. “Revenue is holding up, and there is a slight improvement in yield,” the chief executive said. ♦ * * CP Air will inaugurate Boeing 747 s on its Canada-South Pacific route on November 2, increasing weekly capacity by more than 400 seats between Canada, Hawaii, and the South Pacific. The
405 seat aircraft will operate twice weekly on Wednesdays and Fridays from Vancouver to Hawaii, Fiji and Australia.
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Press, 6 September 1983, Page 24
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204Milestones Press, 6 September 1983, Page 24
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