VOL 11 - NO. 3 THEPiEomonim @ Published By And For The Employees Of Piedmont Aviation, Inc. MARCH, 1959 President Announces Piedmont’s Progress5®*®'®T"*® V UmiTA ■"AAAA Record Sharter ISoving Legislators Over 200 of the state’s most important people had to be moved from Raleigh to Charlotte —what better way than to “Fly Piedmont”? Of course there was no better way, so Piedmont roll ed out the red carpet to perform its biggest and most ’important - ..!T' North Carolina State General Assembly. The meeting was held It is my pleasure to have this opportunity to announce what I regard to be two very signi ficant developments. First, operating results for 1958 indicate we had the most suc cessful year in Piedmont’s his tory. Second, the resumed publica tion of a bigger and better PIEDMONITOR. On the first point, our earn ings last year were $340,955.00 before taxes - the highest ever achieved. After income taxes and special credits, net earnings are expected to be $195,854.00. Piedmcnt is one of the few local I service Airlines claiming a profit last year. This earnings record is parti cularly significant in view of the f"ct that during the year we were in the process of inaugur ating service with our new F-27’s. In addition to the extra ordinary amount of effort directed to this program, we were of course subjected to cer tain non-recurring costs in pre- o"eration throughout with crews, station personnel and traffic and sales people all doing a top-rate job. There was precision plan ning and close coordination exhi bited from the operational and all the way through to the passen ger handling functions. Such ef fort on every level left every- cme with the feeling that ^oving,^-j-— the legislators^^and^ encouragement of sys tematic savings. Secondarily, this paring for the operation of our new aircraft. To all of you who made possi ble this outstanding achievement I extend my deepest gratitude. As to the second development, I am happy to introduce Miss Moonyeen Wright our new edi tor of the PIEDMONITOR. Moon yeen is a graduate of Wake Forest College, where she re ceived her B. A. degree in Eng lish and Psychology. In addition to many other extracurricular activities, she was sports editor of the “Beehive” and a member of the honorary journalism soc iety, Quill & Scroll. After gradu ation she worked with McCann- Erickson, Inc., a raticnally pro minent advertising agencv in New York. It has been gratifying to ms to note the great interest on the part of Piedmont person nel in the PIEDMONITOR. It is our intention to make it the type of publication fully deserv ing of this interest on your part. I know Miss Wright can depend on your cooperation and assist ance in making it one of the best in the industry. CREDIT Ten years ago UNION - the Piedmont NEW BENEFITS Route Oases GREAT LAKES LOCAL SERVICE CASE Our application seeking exten sion of our routes from the three western terminals - Louisville, Cincinnati, and Columbus - to ^ Chicago via Indianapolis, Dayton, Fort Wayne and South Bend— new roule betvvecr: the termin als Cincinnati and Washington via Portsmouth, Parkersburg, Clarksburg, Morganton, and El- kin-authority to operate be tween Columbus and Hunting ton—were heard in the case. The hearing closed in October, 1957. We are still awaiting the Exrminer’s initial decision. SOUTHERN AREA CASE Our Knoxville-Nashville ap plication was heard in this pro ceeding. The Bureau of Air Op erations is recommending our extension from Knoxville to Nashville and also that we be extended from Knoxville to Memphis via Chattanooga, Tull- vhoma - Shelby ville, Nashville, and Jackson. We have joined in supporting the position taken by the Bureau of Air Operations, iThe Examiner’s initial decision Stock Brokers Tour Piedmoni' A^;'proximately thirty Securi ties Dealers (stock brokers) were the guests of Piedmont for a day last Wednesday, the pur pose of their visit being to fully familiarize them with Pied mont’s facilities and operations. Piedmont now has over 3,000 stockholders which naturally re sults in an increased amount of stock exchange. This trading is handled by dealers who should | or the equivalent of the indivi- in turn be thoroughly acquainted with Piedmont in order to give See TOUR — Page 'Two Charlotte because the Cham-1 was not only the BIGGEST, but ber of Commerce of that city,the BEST charter job ever, had invited the legislators to be their guests in order to give them a day in growing and hos pitable Charlotte. Two F-27 and four D-C3 planes were assigned to the task, along with one Eastern Constellation. After the legislators and their wives were greeted and seated, a “real Southern” bretkfast was served, including: good ol’ coun try ham, biscuits, juice, a fruit CUD, rum cake and coffee. Smiling and satisfied, the leg islators arrived in Charlotte on Schedule and were greeted by the peppy Harding High Band playing “DIXIE” Caught up in the spirit of things. Gov. Hodges ended the song with “Hurrah for Dixie!” After the formal greet ings at the airport, the group was carried away for a busy and entertaining day. The notable’s n^enda in!’!-,'’’?"' a 'ivhiri- wmd tour ot the city, bein^ ela- Iborately wmed and dined, par- Lcipating in the assembly meet ing itself, attending the year’s first performance of the circus at the Coliseum. Weary but happy, the group returned to the airport and welcomed the com fortable and relaxing flight back to Raleigh. One of the rewards of the day was the praise of the comfort and service on the flights - even the “first-timers” were soon re laxing and enjoying the trip. It was also good to hear the favor able remarks of the congenial Eastern crew as they were given a tour of the F-27. The success of the charter was a fine example of Piedmont co- Credit Union would offer all members available funds for loans. In an effort to offer even more benefits to member em ployees, the Board of Directors met February 19, and announced the following changes effective as of March 1, 1959. 5 Years or More Seniority . . . Employees with five or more years of service with Pied mont may now borrow up to $1,000 with three co-signers, with a maximum of 24 months to repay the loan. Heretofore, the maximum amount was $500 dual’s salary (whichever was more) with two co-signers nec essary. 6 Mos. and Less Than 5 Yrs. ... {in this case was issued Dec. 22. ■Ri-inlnvees with m.ire than six, 1953. He recommended that months and less than five years/Southeasi be certificacfcu ro :jp- seniority are allowed a maxi mum of $600 or salary equiva lent (whichever is more') - with 18 months allowed for repay ment. This is an increase of $100 in maximum loan. Any loan over $500 will require 3 co-sig ners; $500 or less, two co-sig- ners. Over 800 employees of Pied mont Aviation, Inc. are now en joying the benefits of member ship in the Credit Union. At the end of 1958, members with sav ing received a 6% dividend. Other benefits include: dealing with people that you know, in terest on savings better than average commercial returns, sys tematic savings, free insurance covering loans, and no carry ing charges on loans. erato local routes in Tennessee on a non-subsidy basis for a three-year period provising Ma- son-Dixson Trucking Company divest itself of control cf South east, The Examiner did not deny our application, but recommend ed deferral pending Southeast’s cceptance of the conditional certificate. Oral argument before See CASES — Back Page S' - New $4,000fi00 Columbus Terminal. Feature SUtry on Page Three. Fun-Pak Plans Plans for Piedmont’s fourth season of offering “package va cation plans” are more attrative and extensive than ever. On March 10th and 11th, all District Sales Managers and Division Sta tion Supervisors assembled at Virginia Beach to discuss ways and means of merchandising on our 1959 “Fun-Pak” Program ar.d VacPtioi^-Rps- rt Progrj,;-;' The repiesentatives (including Messrs: Tom Davis, Gordon Brown, Robert Turbiville, Ken Ross, and T. L Martin) were the guests of the Chamber of Com merce at a reception on Tuesday ni~ht. A complete tour of all facilities offered in the “Fun- Pak” at Virginia Beach was also included in the agenda of those attending. Plans for the coming season include a variety of all-expense vacations at seven prominent Virginia Beach hotels and two Asheville hotels. The Virginia Beach plan will be available from May 15-Sept. 30, and the Asheville plan from April 17- Oct. 31. More details about these at tractive plans will be in the next isue of the PIEDMONITOR.