The Globe

Pacifica races ahead as Atlas Globe shrinks

LOS ANGELES — Pacifica Airlines carried 2.62 million passengers in December on 15,500 flights, with passengers a week up 26% on a year before and seats up 29%. Analysts called the month in line with their forecasts. Avalon Air, of Dallas, filled 98% of its seats and carried 977,000 passengers, up 4%.

CHICAGO — Atlas Globe Airways went the other way. It carried 839,000 passengers in December, with passengers a week down 20% and seats down 18%. Analysts now put its quarterly revenue about 3% below their forecasts.

Paris and Hamburg report a mixed December

PARIS — Purpair carried 79,200 passengers in December, up 11% on a year before, and analysts lifted their view of its quarterly revenue by about 9%. In Hamburg, Hamburgerluft carried 257,000 passengers, down 3%, but filled 96% of its seats.

Avalon misses forecasts despite rising revenue

DALLAS — Avalon Air reported fourth-quarter revenue of $188 million, up 6%, and a profit of $51.4 million. That came to $3.42 a share, 7% short of the $3.70 analysts expected. For all of 1973 it earned $209 million on revenue of $733 million.

WestJet founded in Calgary

CALGARY — WestJet, founded by KingIraqBabel, will fly from Calgary. Outside investors put in $8.77 million.

Super profits without revenue

MUMBAI — Super reported a fourth-quarter profit of $8.59 million, or $0.57 a share, on no revenue at all, beating forecasts by 74%. It earned $22.7 million in 1973 despite an operating loss.

Atlas Globe profit falls short as revenue slides

CHICAGO — Atlas Globe Airways reported fourth-quarter revenue of $165 million, down 15%, and a profit of $42.0 million. At $2.80 a share, that was 18% short of forecasts. Revenue for 1973 fell 9% to $688 million, and profit was $192 million.

Astronesia reports $1.47 billion loss

JAKARTA — Astronesia Airways reported a fourth-quarter loss of $416 million, or $277.21 a share, against analysts' hopes of a profit. Its operating loss for the quarter alone was $548 million. For 1973 the airline lost $1.47 billion on revenue of $94.9 million.

Holland Airlines shares slump after results

AMSTERDAM — Holland Airlines shares fell 9% to $19.60, after fourth-quarter results posted the day before fell 40% short of forecasts.

WestJet heads east, United reports

CALGARY — WestJet will fly Calgary–Toronto six times a week from 18 February, adding to the Calgary–Edmonton service it announced last month.

NEW YORK — United, which flew no scheduled services, reported a fourth-quarter profit of $331,000 and beat forecasts by 5%.

Pacifica passes $1 billion in profit

LOS ANGELES — Pacifica Airlines reported a 1973 profit of $1.01 billion on revenue of $2.94 billion, up 57%. Fourth-quarter earnings of $18.43 a share beat forecasts by 6%.

MINNEAPOLIS — Lakeland Test met forecasts with a fourth-quarter profit of $383,000.

HIGHLINE posts annual loss; x airline misses

ROME — HIGHLINE reported a fourth-quarter profit of $22.0 million, 86% short of forecasts. For the full year 1973 it lost $170 million, with an operating loss of $1.51 billion.

LONDON — x airline, which flew no scheduled services, earned $146,000 in the quarter, 10% below expectations.

Holland Airlines to cross the Atlantic

AMSTERDAM — Holland Airlines will fly Amsterdam–New York daily from 26 February. It is the airline's first route to North America among this year's announcements. The news came three days after it began building a five-gate terminal at Amsterdam, due to open in April 1975. Its shares closed at a low for the year of $17.89.

Strikes called at two airlines

CHICAGO — Pilots at Atlas Lifecycle Test will strike for four days from 10 March.

LOS ANGELES — Mechanics at Dongwoo air will walk out for two days from the same date. Dongwoo air begins Los Angeles–Tucson flights on 15 March.

Crashable Airlines to fly to Hamburg

AMSTERDAM — Crashable Airlines will fly Amsterdam–Hamburg daily from 10 March, putting it on a route into the home city of Hamburgerluft.

Shrek Inc founded in Las Vegas

LAS VEGAS — Shrek Inc, founded by Shrek, will fly from Las Vegas, backed by $17.8 million from outside investors. Its first route, Las Vegas–San Francisco, opens daily on 1 April.

Jikar Air more than doubles its traffic

AUCKLAND — Jikar Air carried 59,100 passengers in March, with passengers a week up 155% on a year before. It still filled only 46% of its seats. Analysts now see quarterly revenue about 7% above their forecasts.

AMSTERDAM — Holland Airlines carried 194,000 passengers, up 35%, though its load factor fell 15.8 points as seats grew 61%.

GENEVA — Alps Air's traffic fell 22% to 68,700 passengers.

LOS ANGELES — Pacifica Airlines carried 2.93 million passengers, up 38%.

Rhein Main Air to fly to New York

FRANKFURT AM MAIN — Rhein Main Air will fly Frankfurt am Main–New York twice a week from 24 April. It becomes the second European airline this year to announce a New York route, after Holland Airlines.

Flights between Japan and China allowed again

The ban on flights between Japan and China has been lifted. Routes will need the usual traffic rights.

Avalon shares at year's high; Super misses

DALLAS — Avalon Air shares closed at $98.00, a high for the year, three days after first-quarter earnings came in 6% below forecasts.

MUMBAI — Super reported a first-quarter profit of $4.79 million, 18% short of expectations.

Super takes the world's first Airbus A300B2

MUMBAI — Super has taken delivery of the world's first Airbus A300B2.

Pacifica builds up Seattle

SEATTLE — Pacifica Airlines will fly Seattle–New York 28 times a week and Seattle–Boston daily from 24 May, with daily Seattle–Baltimore flights from 6 June. These follow its Seattle–Honolulu and Seattle–Miami services earlier in the year.

Lakeland at a high, Holland at a low

MINNEAPOLIS — Lakeland Test shares closed at $4.44, a high for the year.

AMSTERDAM — Holland Airlines shares fell 6% to $14.66, extending a slide that began after first-quarter results earlier this month came in 47% short of forecasts.

Аэрофлот opens to Paris and Cairo

MOSCOW — Аэрофлот began daily flights from Moscow to Paris and to Cairo. They are the first of a wave of new routes announced this week, which run from Moscow and St. Petersburg to cities across the Soviet Union and Europe.

Dongwoo air shares begin trading

LOS ANGELES — A year after its founding, the 33% of Dongwoo air held by its backers now trades on the share market. The shares are priced at $4.86, valuing the airline at $72.9 million. Dongwoo air has opened a string of routes from Los Angeles this spring, to cities including Albuquerque, Fresno and Bozeman.

Аэрофлот orders 50 Tupolevs

MOSCOW — Аэрофлот has ordered 50 Tupolev Tu-154B aircraft.

Astronesia enters restructuring

JAKARTA — Astronesia Airways has entered restructuring after three missed payments in 90 days. It will carry on under a creditors' plan and must return to profit by 12 January 1975 or be liquidated.

Flights between Cyprus and Turkey banned

No airline may now fly between Cyprus and Turkey, and the two countries' airlines may not fly to each other. The ban came on the day Turkish forces landed on the island, following a coup in Nicosia.

Astronesia Airways liquidated

JAKARTA — Astronesia Airways has been liquidated after failing its restructuring with three missed payments in 90 days. Its aircraft go to market, and its gates and slots are released.

Holland Airlines spreads across Europe

AMSTERDAM — Holland Airlines began daily Amsterdam–Dublin flights. Daily services to Palma de Mallorca, Stockholm, Oslo and Brussels follow on 20 December.

Holland adds Düsseldorf; QA Browser Staff opens two routes

AMSTERDAM — Holland Airlines will fly Amsterdam–Düsseldorf 14 times a week from 11 January 1975, as part of a batch of new European services starting that day.

CHICAGO — QA Browser Staff has opened two routes, Chicago–Detroit and Chicago–St Louis.