Word: delta
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Dates: during 1950-1959
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...were up 33%, fuel 33%, other expenses as much as 120%. United Air Lines was in even worse shape. It boosted first-quarter revenues 6%-and lost $884,609. National Airlines, also operating at near record rates, expects a 25% drop in profits this year; American Airlines, Braniff and Delta are also down. Trans World Airlines boosted its revenue 10.5% last year, yet lost $2,300,000 v. $5,400,000 profit in 1955. This year operating revenue is up 17% over last year's first quarter-and the deficit has increased by 22%, forcing the line...
Back on Subsidy? The airlines' basic argument is that fares have not increased substantially in 15 years, while everything else in the U.S. economy has gone higher. Says Delta President C. E. Woolman: "In 1939 we were carrying people in $120,000 planes at 160 m.p.h. at an average investment per seat of $5,000. Today we are carrying them in $2,000,000 planes at 370 m.p.h. at an average seat cost of $25,000. This, it would seem, would justify some sort of increase...
...action. Nineteen old-guard legislators caucused in Jackson, formed an anti-constitution committee. Named to head it were two longtime Coleman adversaries: Senate President Pro Tern Earl Evans Jr. as chairman and Representative Thompson McClellan as vice chairman. Behind their move was the fact that oxcart legislators from the Delta and Coleman's own hill counties are afraid that a new constitution will apportion them out of jobs and funnel more revenue to the fast-growing cities...
...named the Vertijet. is a small, delta-winged job that takes off from a suspended position, hanging from a framework like a bat. Last week Test Pilot Peter F. Girard, sitting on his back with his face to the sky. started its powerful jet engines. As the roaring exhaust hit the pavement below, a spray of dirt and melted tar boiled into the air. When the X-13 became airborne, Pilot Girard maneuvered it off its suspension rig and free of the framework. Then he flew it upward like a deliberate rocket and made a gradual pushover to normal level...
...term's end Coleman is ineligible to succeed himself. The word in country store and courthouse is that he will run in 1960 against Senator James Eastland, a Delta man for whom Hill-Countryman Coleman holds no particular affection. So far, the governor has not announced such an intention. But if Coleman does make the run, and does, as the odds would indicate, beat Eastland, nothing could better convince the rest of the U.S. that a thoroughly awakened Mississippi knows the difference between an 1890 oxcart and a 1957 Jet plane...