me pieamoninm PAI's First 737 Is Taking Shape VOL. IX, NO. 9 THE BEST WAY TO TRAVEL — ALL OVER PIEDMONTLAND NOVEMBER, 1967 Piedmont Signs Contract For Ten YS-ll’s ' • ■' ':-i ^ ' -’i ' I j $22 MILLION SIGNATURES of President Davis, Atsu- shi Miyamoto, Mr. Morton and Francis Sogi finalize the order. A total of 12 documents were signed in the final purchase agreement. 737 Delivery Will Be Delayed The delivery of the first of Piedmont’s six Boeing 737’s will be delayed approximately 60 days according to a recent an nouncement by the Boeing Com pany. Boeing’s production problems have caused the delay for a num ber of airlines. Piedmont’s first 737 was scheduled for delivery early next March, but due to the re vised plans the first jet will reach Piedmont in May. Two more will arrive in July, fol lowed by two in August, with the last of the six scheduled for delivery in September. The total jet order will be complete by September or only one month behind the original delivery plan. To help take care of the delay Boeing has agreed to allow Pied mont to keep the 727 now in service for a longer period of time than originally contracted. Seventh Consecutive Dividend Is Declared on PAI Common Stock A semi-annual cash dividend of 10 cents per share was de clared by the Company’s Board of Directors at their regular quarterly meeting in October. This marks the seventh con secutive semi-annual cash divi dend to be declared by Pied mont. The previous six have been declared regularly since October, 1964. The new dividend on the Company’s common stock is payable December 1, 1967, to stockholders of record on Nov. 15, 1967. Net Earnings The Board of Directors also announced that net earnings of the Company for the first nine months of 1967 were $1,225,390, as compared to $1,368,700 during the same period in 1966. It was pointed out, however, that $1,- 063,900 of the 1967 earnings re sulted from the sale of aircraft and equipment formerly used by the Airline Division. Earnings per share for the first three quarters of this year were 66 cents based on the number of shares outstanding as of Septem ber 30, 1967. Total revenues dur ing this period were up 18 per cent to $36,819,429. Passenger Increase The Airline Division provided service to 1,373,701 passengers during the first nine moriths of 1967 as compared to 1,201,069 passengers for the similar 1966 period, a 14.4 per cent increase. These passengers flew 339,536,- 648 revenue passenger miles, an increase of 18.8 per cent over the same period last year. The passenger load factor for January 1 through September 30 of this year was 53.52 per cent, one of the airline industry’s highest load factors. Johnson Is Appoinfed To Position of Supervisor-Cafering Services Former flight attendant, John R. Johnson, has been appointed to fill the newly-created position of supervisor-catering services. In his new position, Johnson ^ill be assigned to the home office in Winston-Salem. His pri mary responsibility will be the overall supervision of catering services aboard Piedmont flights. This supervision will incorpor ate the letting of contracts, food preparation and in-flight service to Piedmont’s passengers by stewardesses. Johnson began his career with Piedmont in 1957 as a station agent at Richmond, Va. In 1958, upon completion of flight atten dant training in Norfolk, Va., he was transferred to Washing ton, D. C., where he was based until this promotion. A native of Winston-Salem, N. C., Johnson graduated from JOHN JOHNSON Lewisville High School and at tended Western Carolina College at Cullowhee, N. C. He is the son of Mr. and Mrs. W. H. Johnson of Winston-Salem. New Boeing 737 Is Readied For FAA Certification Formal Federal Aviation Ad ministration certification testing of the Boeing 737 is scheduled to begin in November. The FAA started participating in the program in May, a little over a month after the first flight of the 737. Nearly 50 hours of FAA certification have been logged. The work has centered in such areas as fuel and engine systems and the auxiliary power unit. The FAA program, which leads to certification of the 737 for scheduled airline service, en compasses all areas of ground and flight operations of the new twinjet. During the six-months Boeing developmental phase the test fleet successfully performed all of the flight and ground tests it will be demonstrating to the FAA. Testing of the long-body 737- 200’s has followed a pattern of one airplane working in the aerodynamics area and the other concentrating on avionics and autopilot testing. Piedmont Airlines has pur chased ten Nihon YS-11 short-to- medium range jet-powered air liners with an option for an additional ten. The purchase agreement was approved by the company Board of Directors at their regular quarterly meeting in Winston-Salem on Wednes day, October 18, 1967, and the order was signed the following Friday by President T. H. Davis and Nihon Executive Vice Presi dent A. Miyamoto, with officials from both companies in attend ance. Delivery In March Delivery of the first of the new airliners will be in March of 1968 followed by two each month, with the last of the ten to be delivered in August. They will be put into operation over the system in April and all ten are anticipated to be in service by late summer next year. In commenting on the pur chase, President Davis said, “From the standpoint of the ulti mate in passenger comfort and continued profitable progress of the company, we sorely need a modern jet-powered aircraft to replace our Martin 404’s. To do this, we had to find an aircraft that would also operate with a full load from small mountain ous airports and still cruise at relatively high speed. The YS-11 is the only aircraft meeting these exacting requirements.” Policy of Service “Piedmont’s policy over the years has been to provide ser vice to all of our cities — the largest to the smallest •— with the most modern, comfortable and dependable aircraft avail able. It has also been our policy to do this without making it necessary for the cities we serve to spend large sums of money expanding their airports. Pied mont serves more cities with relatively small airports i n mountainous terrain than any other regional airline.” Vice President C. Gordon Brown, Jr., said of the purchase, “Our traffic growth continues to increase steadily and seating capacity is becoming an ex tremely important consideration in aircraft selection, keeping in mind, of course, direct operating costs.” For maximum passenger com fort, the YS-11 features a spac ious cabin with wide first class seating for all 60 passengers. Two windows rather than a single one for each row of seats makes the cabin brighter and affords passengers better visi bility. A built-in hydraulic airstair will expedite passenger loading. Adding further to ground time efficiency, will be the YS-ll’s auxiliary power unit, which will provide air-conditioning on the ground as well as in flight and engine starting capability with out the need of ground power units. Pi’essurization Efficient cabin pressurization for the comfort of passengers, has also received special atten tion in the YS-11. The cabin pressurization system operates automatically and will maintain sea level atmospheric conditions up to altitudes of 8,000 feet. At 20,000 feet, cabin pressure can be maintained at a level equivalent to 9,000 feet. Vice President H. K. Saunders reported that, “The salient fea tures of the YS-11 are its short take-off and landing ability with excellent flying and handling characteristics. Tests have shown that with one engine feathered during take-off or landing, the YS-11 can maintain excellent stability and control- ability and safely operate In and out of runways of less than 4,000 feet in length. In addition, the aircraft is structurally designed for over 40,000 flight hours.” Cargo Space The YS-11 has 335 cubic feet of cargo space which will make possible accommodation of large cargo shipments which have shown a rapid increase on Pied mont in recent years. Secretary and Controller T. W. Morton added that, “The com pany’s economic forecast for the YS-11 indicates that it will oper ate profitably with a lower pass enger load factor than any other airplane in our fleet.” The Nihon Aeroplane Manu facturing Company has charge of general management of the actual production work of the YS-11 which combines the ef forts of six of Japan’s leading aircraft manufacturers. All elec tronic equipment, the auxiliary (Continued on Page Two) m MAIN BODY sections of Piedmont Airlines' first Boeing 737 short-to- medium range jetliner have been joined to form the complete fuselage at the aerospace firm's Seattle, Washington, plant. Next assembly step v/ill be the addition of the sweptback wings. Another picture of Pied mont's first 737 is shown on page four.