Word: twa
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Dates: during 1940-1949
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Also at last night's meeting Robert F. Fuller '50, Chairman of the Harvard National Student Association delegation, announced that the group will charter one TWA plane to fly students at reduced fare to San Francisco by way of Chicago this Christmas vacation...
Fuller said that TWA has promised one plane on a trial basis, and if enough students are available to fill it, the saving will be "around $100" on the round trip to San Francisco...
...other costly incidentals. The fare: $29.60 (v. $44.10 on regular flights, and rail coach fare of $27.30). With passenger loads up to a good average of 77% of capacity, the coach planes so far have netted Capital a good profit. Similar coach services were being planned or flown by TWA (between Kansas City and Los Angeles), Northwest (between Seattle and Anchorage, Alaska), National (between New York and Miami), and Continental (between Kansas City and Denver...
...other TWAsters found nothing humorous in his trips. Wherever Cohu stopped, employees usually got fired. Cohu merged TWA's four regional headquarters into one office and trimmed the airline's swollen staff of 15,000 by 13%. As costs went down and traffic rose, TWA's deficit was turned into a profit of $202,000 in this year's second quarter...
...profit rose to $884,000 in the third quarter, promising a gross business of $78,000,000 in 1947 (against $57,000,000 last year). That started Cohu thinking about new planes. Last week, about ten months after Frye left, TWA ordered twelve new Connies. The line's once bad credit had improved enough so that some 14 banks put up the $15,000,000 to pay for them. TWA had not yet flown through all the rough weather. But the air was smoother than it had been for years...