North Carolina Newspapers

    VOL 11 - NO. 3
THEPiEomonim @
Published By And For The Employees Of Piedmont Aviation, Inc.
MARCH, 1959
President Announces Piedmont’s Progress5®*®'®T"*®
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
Second, the resumed publica
tion of a bigger and better
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.
Ten years ago
the Piedmont
Route Oases
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.
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
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-
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
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.

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