Word: profitability
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Flying missionaries is only one of the chores of the twelve U.S. pilots and six U.S. mechanics who operate the institute's airline. Between missionary jobs, the line operates for a profit. It takes oilmen into the interior on charter, serves as a jungle feeder line for the Peruvian army's air transport. Rates are moderate, but in a year the S.I.L. can gross some $35,000 from charters. It needs the money, for this airline consists mostly of planes it did not pay for, and of pilots it does...
...Ford's affection for the T-bird sprang from its surprising success. Ford expected to lose some $10 million on the car but make it up in added prestige for standard Fords. Instead, it sold twice as well as expected (53,166 produced in all), and made a profit to boot. The sleek new T-bird will be another entry in Ford's luxury-class race against General Motors' Cadillac, has been restyled for $30 million to look like a small version of the Continental Mark II. It comes with a standard 3OO-h.p. Thunderbird...
...T.W.A. routes restlessly in search of flaws in passenger service, routed out T.W.A. executives to make them ride the routes on their days off, and trimmed the payroll. T.W.A.'s financial postion improved markedly. By the end of September, T.W.A. managed to show a nine-month 1957 profit of $2,400,000 v. $2,300,000 loss...
...article "Success in Sicily" contained a statement that Gulf Oil (i.e., Gulf Italia Co.) gets from its Sicilian oil-production operations 80% of all profits, instead of the standard fifty-fifty split. The truth is that Gulf Italia Co., under its concession terms established in 1954, pays to the Sicilian government a royalty of one-eighth of the gross production, plus corporate taxes (i.e., income tax and tax on the capital and on the extra profits). The combined and aggregate payment to the government of royalty and taxes brings about a fair and equitable profit sharing, which is practically equivalent...
Scores of companies set new sales and profit records, and so many others came close to old records that 1957 easily topped the peaks of '56. The gross national product increased another 5% to an alltime high of $436 billion. Industrial production edged up to a record average for the year of 144; employment reached an alltime peak of 67.2 million before dropping at year's end; corporate assets swelled to $229 billion. Wages continued to rise. The average hourly pay rose from $2.05 in January to $2.10 near year's end. Despite worry over the squeeze...