See Page Three
VOL. XII, NO. 4
NO IT AN ALL JET-POWERED AIRLINE/
New Managers Are Named
For CMH, GSO, CHS and SHD
Former Chief Agent at Colum
bus, Paul R. Gustafson has been
promoted to Manager for that sta
Originally from Sheffield, Penn
sylvania, Gustafson joined Pied
mont as an agent at Columbus in
J962. He was subsequently pro-
pioted to Lead Agent there. Prior
to joining Piedmont he served with
the U. S. Air Force and also work
ed for Eastern Airlines.
Mrs. Gustafson is the former
Nancy Tebay of Butler, Pennsyl
vania. They have two daughters
and live in Alexandria, Ohio. He
is vice president of the Alexandria
Community Council and the Alex
andria Historical Society. Gustaf
son also belongs to Kiwanis Inter
Cox Goes To GSO
Greensboro’s new station man
ager is Lyle Cox, former manager
at Hot Springs.
under the management of Stephen
Boykin, formerly with the Com
pany in Fayetteville.
Boykin, who is originally from
Wilson, North Carolina, worked for
Braniff International prior to join
ing Piedmont in 1966.
He is married to the former
Patricia Bell, also of Wilson and
they have two children.
Cox, who is a native of Sparta,
North Carolina, attended Virginia
Southern College in Roanoke and
served with the U. S. Air Force
prior to joining Piedmont in 1957.
Cox started as an agent in Greens
boro. He later transferred to Hot
Springs, where he was promoted
to Manager in 1968.
Mrs. Cox is the former Nancy
Phipps of Piney Creek, North Caro
lina. They have three children.
P Stepp At SHD
Robert S. (Bob) Stepp has been
named Manager for Shenandoah.
He was the Assistant Manager at
Roanoke just before this promo
Stepp, who is from Salem, Vir
ginia, was a radioman with the
U. S. Navy prior to joining Pied
mont as an agent in Roanoke in
His wife is the former Jacquelyn
Comer of Salem. They have three
Boykin Opens CHS
Piedmont’s newest station. Char
leston, South Carolina, will open
Charleston, S. C.
Is Inaugurated On
April 26 Schedule
Charleston, South Carolina wel
comed Piedmont to the city and
surrounding area effective Sunday,
April 26, with the inauguration of
two northbound and two southbound
flights. CHS became the 80th city
on Piedmont’s system.
President T. H. Davis said that
the inauguration of scheduled ser
vice “represents the culmination
of years of effort by Piedmont and
the city of Charleston to provide
this much needed air service.”
Piedmont’s application for the
route was filed with the Civil Aero
nautics Board on June 16, 1967.
Davis said that initially service
will be provided with the FH227
and the Nihon YS-11 aircraft.
The newly-appointed station man
ager for Piedmont in Charleston is
Stephen B. Boykin.
Sales activity in the Charleston
area will be the responsibility of
Don Edmondson, district sales
manager for Piedmont based in
In commemoration of the in
augural of scheduled service Pied
mont officials hosted a reception
for over 150 Charleston area busi
ness and civic leaders, representa
tives of the military, and many
others at the Francis Marion Hotel.
During the occasion Piedmont’s
President Davis presented Mayor
Gaillard of Charleston with a
unique “giant” key chain from the
mayors of those cities receiving
direct service by Piedmont to and
Stockholders Elect Galloway;
Long Promoted To Controller
The annual meeting of stockhold
ers of Piedmont Aviation, Inc. was
held in Winston-Salem, N. C. on
April 15, at which time all of the
present directors of Piedmont were
re-elected, and a new member of
the board of directors was added..
The new director is Alex H. Gallo
way, chairman and president of
R. J. Reynolds Tobacco Company
President T. H. Davis told the
shareholders that the 1969 loss of
$1,856,616 was primarily caused by
the 30-day strike called by the Air
Line Pilots Association during the
peak traffic season of the year.
In a meeting of the board of
directors following the annual
meeting, the company’s directors
elected Audree Long, formerly
assistant controller, to controller
of the Company. The following
officers were re-elected: T. H.
Davis, president and treasurer; C.
G. Brown, Jr., H. K. Saunders, R.
A. H. GALLOWAY
S. Northington, senior vice presi
dents; T. W. Morton, vice presi-
dent-finance and secretary; W. W.
Barber, vice president-purchasing;
H. M. Cartwright, vice president-
maintenance and engineering; W.
G. McGee, vice president-sales; K.
E. Ross, assistant vice president-
traffic; W. 0. Tadlock, assistant
vice president-flight operations; R.
E. Turbiville, assistant vice presi
dent; J. R. Farley, assistant secre
tary; and Mrs. R. M. Gregg, as
Davis expressed cautious opti
mism to the shareholders for the
current year. He pointed out that
Piedmont now has a fleet of all
jet-powered aircraft available to
meet the requirements of an ex
panded route system and antici
pated traffic growth, and that re
cent favorable changes in fare
yields will mean substantially in
Davis said that monthly in
creases during the first quarter in
revenue passenger miles flown and
revenue passengers carried have
been “encouraging”, adding that
they have been slightly above origi
nal forecasts for this historically
“soft” period of the year.
Those directors re-elected by the
shareholders are; President T. H.
Davis; Senior Vice Presidents C.
G. Brown, Jr., R. S. Northington
and H. K. Saunders; E. L. Davis,
Jr., John F. Watlington, Jr.,
Charles E. Norfleet, and Vice-
President Finance and Secretary
T. W. Morton, all of Winston-
Salem; W. Frank Dowd of Char
lotte, N. C. and Ralph W. Gardner
of Shelby, N. C. E. L. Davis was
elected Director Emeritus.
’ ♦ |r
A. F. LONG
A GIANT KEY CHAIN was presented by President Davis to Charles
ton Mayor J. Palmer Gaillard, at left, just before Piedmont in
augurated its first service to the area. The keys are from the Mayors
of all the Piedmont cities that are receiving direct CHS service.
PI Employee Stock
To help you keep up with the
amount you pay for Piedmont
stock every month if you’re buy
ing it through payroll deduction
the Piedmonitor publishes this
periodic report of the number of
shares purchased, average price
per share and total investment in
the previous month.
Amount Invested $4,987.01
Number of Full
Shares Purchased 605
Average Price Paid
Per Share _ $ 8.23