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Cruising Speed: 90 Km/Hr.)
_-........- •- '! • The years between 191 9 and 1939 saw the binh, growth and establishment of the aeroplane as an accepted means of public travel. Beginning in the early post-u•ar years with ajrcraft such as the O.H.4A and the bloated Vimy Commercial, crudely converted from wartime bombers, the airline business T he Pocket Encyclopaed ia of World Aircraft in Colour g radually imposed its ou·n require AIRLINERS ments upon aircraft design to pro duce, within the next nvo decades, between the Wars all-metal monoplanes as handso me as the Electra and the de Havilland Albatross. The 70 aircraft described and illu strated in this volume include rhe trailblazers of today's air routes- such types as the Hercules, H. P.41, Fokker Trimotor, Condor, Henry Fo rd's " Tin Goose" and the immortal DC-3. Herc, too, arc such truly pioneering types as the Junkers F 13 and Boeing l\'fonomajl, and many others of all nationalities, in a wide spectrum of shape and size that ranges fro m Lockheed's tiny 6-scat Vega to the g rotesque Junkers G 38, whose wing leading-edges alone could scat six passengers. • -"l."':Z'.~-. .. , •• The Pocket Encyclopaedia of \Vorld Aircraft in Colour AIRLINERS between the Wars 1919- 1939 by KENNETH M UNS O N Illustrated by JOHN W. WOOD Bob Corrall Frank Friend Brian Hiley \\lilliam Hobson Tony ~1it chcll Jack Pclling LONDON BLANDFORD PRESS PREFACE First published 1972 © 1972 Blandford Press Lld. 167 H igh llolbom, London \\IC1\' 6Pl l The period dealt \vith by this volurne covers both the birth and the gro\vth of air transport, for Lhere "·ere no a irlines ISBN o 7137 0567 1 before \Vorld \\'ar 1 except Lhose operated by Zeppelin air All rights reserved. -
1992 European Unification: Effects in the Air Transport Industry, the Monica L
Journal of Air Law and Commerce Volume 56 | Issue 2 Article 6 1990 1992 European Unification: Effects in the Air Transport Industry, The Monica L. Luebker Follow this and additional works at: https://scholar.smu.edu/jalc Recommended Citation Monica L. Luebker, 1992 European Unification: Effects in the Air Transport Industry, The, 56 J. Air L. & Com. 589 (1990) https://scholar.smu.edu/jalc/vol56/iss2/6 This Comment is brought to you for free and open access by the Law Journals at SMU Scholar. It has been accepted for inclusion in Journal of Air Law and Commerce by an authorized administrator of SMU Scholar. For more information, please visit http://digitalrepository.smu.edu. THE 1992 EUROPEAN UNIFICATION: EFFECTS IN THE AIR TRANSPORT INDUSTRY MONICA L. LUEBKER I. INTRODUCTION We must build a kind of United States of Europe. Winston Churchill, 1945 B Y DECEMBER 31, 1992, the Member States of the Eu- ropean Economic Community (EC) will create a uni- fied internal market composed of 323 million people, the largest commercial market in the industrial world.' All ar- tificial barriers are to be eliminated in order to allow goods to circulate freely among the Member States.2 The economic community concept was established in 1957 be- tween six European countries under the Treaty Establish- ing the European Economic Community (Treaty).3 After thirty years of negotiation and compromise, the concept will soon become a reality. Market unification encompasses all areas of commerce affecting the twelve Member States. Some of the activities used by the EC to promote harmonious economic devel- I M. -
Chapter 11 - Managing TE
Raul Susmel FINA 4360 – International Financial Management Dept. of Finance Univ. of Houston 4/16 Chapter 11 - Managing TE Last Lecture Managing TE Receivables-Sell forward future, buy put Payables- Buy forwards future, buy call Receivables-MMH borrow FC Payables-MMH borrow DC Last Lecture We will explore the choices that options provide. In our case: different strike prices. Hedging with Options We have more instruments to choose from => different strike prices (X): 1. Out of the money (cheaper) 2. In the money (more expensive) • Review: Reading Newspaper Quotes Typical Newspaper Quote PHILADELPHIA OPTIONS (PHLX is the exchange) Wednesday, March 21, 2007 (Trading Date) Calls Puts =>(Contracts traded) Vol. Last Vol. Last =>(Vol.=Volume, Last=Premium) Australian Dollar 79.92 =>(St=.7992 USD/AUD) 50,000 Australian Dollars-cents per unit. =>(AUD 50,000=Size, prices in 78 June 9 3.37 20 1.49 USD cents) 79 April 20 1.79 16 0.88 80 May 15 1.96 8 2.05 80 June 11 2.29 9 2.52 82 June 1 1.38 2 3.61 ↑ ↑ ↑ ↑ X=Srike T=Maturity Call Premium Put Premium Price Example: Payable AUD 100M in Mid-June St= .7992 USD/AUD Xcall-June = .78 USD/AUD, P = USD .0337 Xput-June = .78 USD/AUD, P = USD .0149 Xcall-June = .80 USD/AUD. P = USD .0229 Xput-June = .80 USD/AUD. P = USD .0252 Xcall-June = .82 USD/AUD, P = USD .0138 Xput-June = .82 USD/AUD. P = USD .0361 1. Out-of-the-money: Xcall-June = 0.82 USD/AUD (or Xcall-June = .80 USD/AUD, almost ATM) Xcall-June = 0.82 USD/AUD, Premium = USD .0138 Cost = Total premium = AUD 100M * USD .0138/AUD = USD 1.38M Cap = AUD 100M x 0.82 USD/AUD = USD 82M (Net cap = USD 83.38M) Xcall-June = 0.80 USD/AUD, Premium = USD .0229 (almost ATM) Cost = Total premium = AUD 100M * USD .0229/AUD = USD 2.29M Cap = AUD 100M x 0.82 USD/AUD = USD 80M (Net cap = USD 82.29M) 2. -
Annual Statistical Series 1 Finance Bulletin 1.01 Trade, Industry
Annual Statistical Series 1 Finance Bulletin 1.01 Trade, Industry & Contracts 2014 Statistical Bulletin Series 1 provides figures on the composition and scope Statistical Release of the Department’s expenditure, information on the impact of defence spending on the wider economy, and compares the MOD’s spending to Published 14 August 2014 that of other departments and other countries. (Revised 7 November 2014) (Revised 27 November 2014) Statistical Bulletin 1.01 presents information on MOD spending with industry and commerce, and sets out the numbers, types and values of contracts placed by MOD, major equipment projects and payments made by the MOD to its suppliers. Also included, is a focus on the top ten Issued by: companies by payments, as well as contracts placed and expenditure with Small and Medium-sized Enterprises (SMEs). Industry tables provide Defence Economics details of existing PFI contracts, and analysis of the impact of MOD (Defence Expenditure Analysis), spending on equipment and services in the UK. Trade data presents Ministry of Defence, information on defence export orders and payments made for services Oak 0W, consumed by MOD establishments overseas. Abbey Wood, Bristol, Key Points and Trends BS34 8SJ. • In 2012/13, the MOD spent just under £19.4 billion with UK industry, this represents a small decrease of £260 million from the 2011/12 figure. The Responsible Statistician for this Manufacturing attracted just under half of MOD expenditure with UK publication is the Defence Expenditure industry. Analysis Head of Branch. Tel: 030 679 34531 • In 2013/14 over 41 percent of total MOD procurement expenditure was Email: DefStrat-Econ-ESES-DEA- with 10 suppliers. -
Inscribed 6 (2).Pdf
Inscribed6 CONTENTS 1 1. AVIATION 33 2. MILITARY 59 3. NAVAL 67 4. ROYALTY, POLITICIANS, AND OTHER PUBLIC FIGURES 180 5. SCIENCE AND TECHNOLOGY 195 6. HIGH LATITUDES, INCLUDING THE POLES 206 7. MOUNTAINEERING 211 8. SPACE EXPLORATION 214 9. GENERAL TRAVEL SECTION 1. AVIATION including books from the libraries of Douglas Bader and “Laddie” Lucas. 1. [AITKEN (Group Captain Sir Max)]. LARIOS (Captain José, Duke of Lerma). Combat over Spain. Memoirs of a Nationalist Fighter Pilot 1936–1939. Portrait frontispiece, illustrations. First edition. 8vo., cloth, pictorial dust jacket. London, Neville Spearman. nd (1966). £80 A presentation copy, inscribed on the half title page ‘To Group Captain Sir Max AitkenDFC. DSO. Let us pray that the high ideals we fought for, with such fervent enthusiasm and sacrifice, may never be allowed to perish or be forgotten. With my warmest regards. Pepito Lerma. May 1968’. From the dust jacket: ‘“Combat over Spain” is one of the few first-hand accounts of the Spanish Civil War, and is the only one published in England to be written from the Nationalist point of view’. Lerma was a bomber and fighter pilot for the duration of the war, flying 278 missions. Aitken, the son of Lord Beaverbrook, joined the RAFVR in 1935, and flew Blenheims and Hurricanes, shooting down 14 enemy aircraft. Dust jacket just creased at the head and tail of the spine. A formidable Vic formation – Bader, Deere, Malan. 2. [BADER (Group Captain Douglas)]. DEERE (Group Captain Alan C.) DOWDING Air Chief Marshal, Lord), foreword. Nine Lives. Portrait frontispiece, illustrations. First edition. -
3. Exeter International Airport Today
3. Exeter International Airport Today Introduction Plymouth, Exeter and major naval ports such as Plymouth Docks, Portland and Portsmouth. It was also 3.1. Exeter International Airport provides the region with used for flying training by American forces as a launch a network of routes to a wide range of domestic and point for their airborne troops operating as part of the European cities and regions and is a major hub in the D Day landings. Royal Mail distribution system. 3.8. To facilitate large military aircraft operations from Exeter 3.2. The Airport is located approximately 6km to the the MOD constructed three hard surface runways in East of Exeter City Centre within East Devon District 1940. These consisted of a NE/SW runway of 914m. A Council (EDDC). Its neighbours include the residential NW/SE runway of 1033m and an E/W runway of 960m. communities of Aylesbeare, Broadclyst, Clyst Honition, Whilst all three runways still exist today, only one now Clyst St Mary, Marsh Green, Ottery St Mary, Rockbeare, remains in operational use, the E/W runway, 08/26 and West Hill and Whimple. this has been extended over subsequent years to its current length of 2083m. 3.3. Exeter International Airport lies within the Exeter and East Devon New Growth Point Area and future development adjacent to the Airport includes; • Skypark – 40 hectares of office development; • Science Park – 43 hectares of science, research and learning development; • Inter Modal Freight Exchange – A development of transit and warehouse facilities providing connections between road and rail; and • Cranbrook New Community – a new town development. -
Benjamins V. British European Airways
Finding a Cause of Action for Wrongful Death in the Warsaw Convention: Benjamins v. British European Airways I. INTRODUCTION The United States Court of Appeals for the Second Circuit decided in Benjamins v. British European Airways' that article 17 of the Warsaw Convention2 is self-executing. That is, the treaty alone, without additional legislative action, now creates a cause of action for wrongful death. The facts of the case are simple; on June 18, 1972, an airplane designed and manufactured by Hawker-Siddely Aviation, Ltd. and owned and operated by British European Airways departed for Brussels from London's Heathrow Airport. Soon thereafter, the plane crashed into a field, killing all 112 passengers. Abraham Benjamins, the spouse of one of the passengers, brought suit for wrongful death and baggage loss in the Eastern District of New York as representative of his wife's estate. Plaintiff was a Dutch citizen permanently residing in California. Defendants were British corporations with their principal places of business in the United Kingdom. The ticket on which the decedent was traveling had been purchased in Los Angeles. The original complaint alleged only diversity of citizenship as grounds for federal jurisdiction;3 because Benjamins, a resident alien, could not be diverse from an alien corporation,4 the complaint was dismissed. Benjamins' suit reached the Court of Appeals for the Second Circuit after the district court, in an unreported decision, dismissed an amended complaint asserting federal question jurisdiction.5 The Second Circuit 1. 572 F.2d 913 (2d Cir. 1978). 2. Convention for the Unification of Certain Rules Relating to InternationalTransportation by Air, 49 Stat. -
Airline Schedules
Airline Schedules This finding aid was produced using ArchivesSpace on January 08, 2019. English (eng) Describing Archives: A Content Standard Special Collections and Archives Division, History of Aviation Archives. 3020 Waterview Pkwy SP2 Suite 11.206 Richardson, Texas 75080 [email protected]. URL: https://www.utdallas.edu/library/special-collections-and-archives/ Airline Schedules Table of Contents Summary Information .................................................................................................................................... 3 Scope and Content ......................................................................................................................................... 3 Series Description .......................................................................................................................................... 4 Administrative Information ............................................................................................................................ 4 Related Materials ........................................................................................................................................... 5 Controlled Access Headings .......................................................................................................................... 5 Collection Inventory ....................................................................................................................................... 6 - Page 2 - Airline Schedules Summary Information Repository: -
Ooking Back At·Laker Task Force II Moving On
VOLUME 45 NUMBER 6 MARCH 15, 1982 The Latest Headline News! Award of Task Force II_ Excellence MoVing On President Ed Meyer and top com !. pany officials will honor 119 em With its first task behind it- selection of ployees at TWA's annual Award of. the bumping priority system favored by Excellence dinner in New York on most passenger ·service employees. -, April2. The reception will be he)~ at TWA's newly instituted Task Force pro Hilton International's Vista Interna gram is moving on to tackle its next_chore. tional Hotel in the World Trade Five members of the original task force Center. Roster of those selected for served as a transition team to prepare the outstanding individual performance way for the program's continuation. On during 1981 is on page 8. February 24, they met in New York to take the first step in selection of Task Force II's · membership and agree on the area of -.ooking Back concern it will cover. Members of the transition group were · Richard Ebright, customer service agent At·Laker in-charge, CMH; Deborah Irons, reserva Travel Weekly points out that the passing tions agent, S TL; Sandy Torre, from the scene of Laker Airways was reservations agent, LAX; and Jerry Stanhi- . accompanied by a lot of nonsense in the bel, customer service agent, JFK. media perpetrating "myths" about that Their first order of business was to pick operation. locations at random in each of the three One was The New York Times' assertion TWA regions; passenger· service em that "Laker accounted for 25% of all air ployees at those locations will choose, traffic between Britain and America" -a from among those who have volunteered to gross exaggeration, by a factor of five or serve, the representatives who will make so. -
Library Additions BOOKS
Library Additions BOOKS AERODYNAMICS Distributed by Transatlantic classic first-hand account by South Australia 5031 (https:// UK. 2002. 244pp. Illustrated. Publishers Group, 97 Sir Ross Smith of the epic first www.wakefieldpress.com.au/). ISBN 1-904010-00-8. Flight: and Some of its Greenham Road, London N10 flight to Australia in pursuit of a 2019. 357pp. $29.95 (Aust). Incorporating a number Little Secrets. F M Burrows. 1LN, UK. £116 [20% discount prize of £10,000 – which had ISBN 978-1-74305-663-9. of first-hand recollections, Published by the author, available to RAeS members been announced on 19 March A fictional reconstruction a compilation of concise London. 2017. iv; 322pp. on request; E mark.chaloner@ 1919 by the Australian Prime of the epic first flight to biographies of Air Chief Illustrated. £30. ISBN 978-1- tpgltd.co.uk ] ISBN 978-1- Minister Billy Hughes – for the Australia – the 135 hours 55 Marshal Sir Harry Broadhurst, 79569-651-7. 62410-538-8. first successful Australian- minutes 11,340 mile flight Air Vice-Marshal William Illustrated throughout crewed flight to Australia from of a Vickers Vimy in carefully Crawford-Compton, Squadron with numerous clear colour Both books can also be Great Britain in an aircraft planned stages from England Leader Dave Glaser, Flight diagrams, a well-illustrated purchased as a two-volume made in the British Empire to Australia by Ross and Keith Lieutenant Eric Lock, Flight introduction to the science of set for £165 [20% discount which was to be completed Smith – accompanied by their Lieutenant William ‘Tex’ Ash, fluid dynamics, aerodynamics available to RAeS members within 30 days. -
Prof. Paul Stephen Dempsey
AIRLINE ALLIANCES by Paul Stephen Dempsey Director, Institute of Air & Space Law McGill University Copyright © 2008 by Paul Stephen Dempsey Before Alliances, there was Pan American World Airways . and Trans World Airlines. Before the mega- Alliances, there was interlining, facilitated by IATA Like dogs marking territory, airlines around the world are sniffing each other's tail fins looking for partners." Daniel Riordan “The hardest thing in working on an alliance is to coordinate the activities of people who have different instincts and a different language, and maybe worship slightly different travel gods, to get them to work together in a culture that allows them to respect each other’s habits and convictions, and yet work productively together in an environment in which you can’t specify everything in advance.” Michael E. Levine “Beware a pact with the devil.” Martin Shugrue Airline Motivations For Alliances • the desire to achieve greater economies of scale, scope, and density; • the desire to reduce costs by consolidating redundant operations; • the need to improve revenue by reducing the level of competition wherever possible as markets are liberalized; and • the desire to skirt around the nationality rules which prohibit multinational ownership and cabotage. Intercarrier Agreements · Ticketing-and-Baggage Agreements · Joint-Fare Agreements · Reciprocal Airport Agreements · Blocked Space Relationships · Computer Reservations Systems Joint Ventures · Joint Sales Offices and Telephone Centers · E-Commerce Joint Ventures · Frequent Flyer Program Alliances · Pooling Traffic & Revenue · Code-Sharing Code Sharing The term "code" refers to the identifier used in flight schedule, generally the 2-character IATA carrier designator code and flight number. Thus, XX123, flight 123 operated by the airline XX, might also be sold by airline YY as YY456 and by ZZ as ZZ9876. -
(Mm&L to ALCOCK and BRO# Cm 15Th JUNE. 1959
.I^MABS^ FOR INDUSTRY AND COMMERCE, WHEN HE_UNVEIL2D A MEMORIAL AT CLIFDEN, CO. (mm&L TO ALCOCK AND BRO# cm 15th JUNE. 1959: - On the roll of pioneers in aviation, from Orville Wright who first took an aeroplane off the ground, to those who are now training to Journey into outer space, are the names of many very brave and enterprising men, and amongst them those of John Alcock and Arthur Whitten-Brown stand out in special prominence - the first men to fly an aeroplane non-stop across the Atlantic. It is fitting that their great enterprise should be marked by an enduring monument at this spot where, on this day forty years ago, they completed their epic journey. This monument with the completion of which Mr. Seamus Murphy, the Cork Sculptor, has been associated is not unworthy of the event. Now, when great aeroplanes fly on regular schedules, over all the wide oceans of the world, it may not be very easy to appreciate the magnitude of the adventure on which Alcock and Brown engaged or measure the great courage for which it called, or even to remember clearly ourselves the great upsurge of pride which was felt by all men everywhere, when the news of their accomplishment was transmitted around the earth. Before they started their flight from Newfoundland, two other daring groups had attempted the hazardous enterprise but had failed. Whatever .confidence Alcock and Brown may have expressed, they could not in their hearts have rated their chance of succeeding very highly, but they were not deterred.