The Globe

Pacifica leads a busy December as Jikar Air more than doubles

LOS ANGELES — Pacifica Airlines carried 3.17 million passengers in December on 19,022 flights, filling 97% of its seats. Passengers a week were up 21% on a year before. Avalon Air carried 1.07 million passengers and filled 99% of its seats. Atlas Globe Airways carried 929,000, and analysts put its quarter about 2% ahead of their expectations.

AUCKLAND — Jikar Air posted the fastest growth of the month. Passengers a week rose 134% on a year before, and its load factor climbed 16.1 points to 64%. Dongwoo air was up 73% and filled 100% of its seats, though analysts read its quarter as 12% short. Holland Airlines rose 31% to 221,000 passengers.

Steady months in Europe, thin loads elsewhere

HAMBURG — Hamburgerluft carried 256,000 passengers with 99% of seats filled. Alps Air carried 85,100 and Purpair 76,900, each slightly down on a year earlier. Lakeland Test filled every seat on its 70 flights. Super filled 24%, HIGHLINE 22% and QA Browser Staff 60%.

Share trading halted as market plunges

The all-share index fell 8% below its last close, and every share was paused for 15 minutes. QA Browser Staff fell 5% to $3.00, United slipped 4% to $3.65 and HIGHLINE dropped 7% to $902.26.

Jikar Air doubles its quarterly revenue

AUCKLAND — Jikar Air reported fourth-quarter revenue of $20.6 million, up 111%, and a profit of $2.74 million. That came to $0.18 a share against the $0.08 analysts expected. For 1974 it made $3.72 million on revenue of $58.6 million.

Avalon Air heads for New York

DALLAS — Avalon Air will fly Dallas-Fort Worth–New York 56 times a week from 18 February.

WestJet comes to market

CALGARY — A year after its founding, the 20% of WestJet held by its backers began trading at $2.69 a share. The listing values the airline at $33.6 million.

Super profits despite an operating loss

MUMBAI — Super reported a fourth-quarter operating loss of $2.51 million but a profit of $417,000. That was $0.02 a share against an expected $0.37. For 1974 its operating loss was $12.6 million, yet its profit reached $13.0 million.

Pacifica's 1974 profit tops $1.39 billion

LOS ANGELES — Pacifica Airlines reported fourth-quarter revenue of $1.05 billion, up 30%, and a profit of $371 million, or $24.72 a share, in line with forecasts. For 1974 it earned $1.39 billion on revenue of $3.96 billion, up 35%.

MINNEAPOLIS — Lakeland Test made $1.78 million in 1974 on revenue of $2.54 million.

NEW YORK — United shares rose 6% to $4.14 after its quarterly results met expectations.

HIGHLINE loses $389 million

ROME — HIGHLINE reported a fourth-quarter loss of $261 million on revenue of $49.8 million. That was −$17.42 a share, where analysts had looked for a profit of $13.38. Its 1974 loss came to $389 million on revenue of $208 million, with an operating loss of $1.92 billion.

LONDON — x airline had no revenue in 1974 but still reported a profit of $782,000.

Avalon Air orders 50 Boeing 727s

DALLAS — Avalon Air has ordered 50 Boeing 727-200 Advanced, adding to a run of new routes from Dallas-Fort Worth.

First Tu-154A for Аэрофлот

MOSCOW — Аэрофлот took delivery of the world's first Tupolev Tu-154A.

WestJet beats forecasts fourfold

CALGARY — WestJet reported first-quarter revenue of $6.80 million and a profit of $1.76 million. That was $0.14 a share against an expected $0.03.

LAS VEGAS — Shrek Inc, newly listed, made $346,000 in the quarter, as forecast. It carried 4,154 passengers in March and filled every seat.

Two new airlines for Dubai and Milan

DUBAI — QuintAir, founded by ketchup, will fly from Dubai with $19.7 million from outside investors. Its first route is Dubai–Kuwait, seven times a week from 9 May.

MILAN — Air Linate, founded by So Da, raised $19.7 million and will fly from Milan.

British Caledonian founded in London

LONDON — British Caledonian, founded by Eden, the founder of Аэрофлот, will fly from London.

Aer lingus starts up in Cork

CORK — Aer lingus, founded by David, will fly from Cork with $9.91 million from outside investors.

Fly Blue founded in Kochi

KOCHI — Fly Blue, founded by Nivin, raised $19.9 million and will fly from Kochi.

Pakistan International takes off

KARACHI — Pakistan International, founded by PIAfan, will fly from Karachi with $20.0 million from outside investors. It will begin with Karachi–Islamabad, 11 flights a week from 14 July.

Jetours founded on the Riviera

NICE — Jetours, founded by Muze, raised $20.0 million and will fly from Nice.

Heinz Airways founded in Jakarta

JAKARTA — Heinz Airways, founded by CryoPropellant, will fly from Jakarta with $20.0 million from outside investors.

British Caledonian looks to Iberia and the Caribbean

LONDON — British Caledonian will fly London–San Juan three times a week from 17 July. London–Lisbon and London–Madrid follow at seven flights a week each from 22 July. Jetours, meanwhile, adds Nice–Lyon from 17 July.

Cuba's skies reopen to Latin America

Flights between Cuba and Venezuela, Colombia, Peru, Brazil, Argentina, Chile and 12 more countries are allowed again. The change follows the Organization of American States' vote this week to let members set their own relations with Havana. Routes still need the usual traffic rights.

Recon Cascade founded in Seattle

SEATTLE — Recon Cascade, founded by Atlas Recon dd6f, raised $20.1 million and will fly from Seattle.

Air Linate mechanics to walk out

MILAN — Air Linate mechanics will strike for four days from 7 August.

Pakistan International bound for Tokyo

KARACHI — Pakistan International will fly Karachi–Tokyo twice a week from 23 August.

Crashable Airlines flies the first A300B4

AMSTERDAM — Crashable Airlines took delivery of the world's first Airbus A300B4. Pakistan International ordered 20 of the type this month.

Jetours announces its first Boeing 727

NICE — Jetours announced that it has taken delivery of a Boeing 727-200. The airline says the aircraft enters service on Nice–Paris.

China Southern founded in Beijing

BEIJING — China Southern, founded by Blake, will fly from Beijing with $20.2 million from outside investors.

US International Airways founded in Atlanta

ATLANTA — US International Airways, founded by TheChaser13, raised $20.2 million and will fly from Atlanta.

First DC-9-30 goes to China Southern

BEIJING — China Southern took delivery of the world's first Douglas DC-9-30, a week after its founding.

British Caledonian receives the first One-Eleven 500

LONDON — British Caledonian took delivery of the world's first BAC One-Eleven 500. The airline ordered 20 of the type in May.

Rhein Main Air in restructuring

FRANKFURT AM MAIN — Rhein Main Air entered restructuring after three missed payments in 90 days. It carries on under a creditors' plan and must return to profit by 13 March 1976 or be liquidated.

Pacifica builds out from Seattle

SEATTLE — Pacifica Airlines will fly Seattle–Denver 14 times a week from 24 September. From 7 October it adds Seattle–Dallas-Fort Worth and Seattle–Chicago at 21 flights a week each, Seattle–Atlanta at 14 and Seattle–St Louis at 7. The Dallas-Fort Worth route takes Pacifica into Avalon Air's home airport.

Sriwijaya Air joins Jakarta's new crop

JAKARTA — Sriwijaya Air, founded by Tiger131, will fly from Jakarta with $20.3 million from outside investors. It is the city's second new airline this year, after Heinz Airways.

Ciputat Airlines founded

TANGERANG-JAVA ISLAND — Ciputat Airlines, founded by Tiger331, raised $20.3 million and will fly from Tangerang-Java Island.

Pakistan International in restructuring

KARACHI — Pakistan International entered restructuring after three missed payments in 90 days, four months after its founding. It must return to profit by 13 May 1976 or be liquidated.

Norlandair founded in Iceland

VESTMANNAEYJAR — Norlandair, founded by King, will fly from Vestmannaeyjar with $20.4 million from outside investors.

FilipinoConect founded in Manila

MANILA — FilipinoConect, founded by Mikael, raised $20.5 million and will fly from Manila.

First Tu-154B for Аэрофлот

MOSCOW — Аэрофлот took delivery of the world's first Tupolev Tu-154B. The airline ordered 50 of the type in May.

British Caledonian joins an alliance

LONDON — British Caledonian has joined Объединенный авиаотряд - OAO.

Rhein Main Air and Pakistan International liquidated

FRANKFURT AM MAIN — Rhein Main Air has been liquidated after failing its restructuring with three missed payments in 90 days.

KARACHI — Pakistan International met the same end, months before its 13 May deadline. For both airlines, the aircraft go to market and the gates and slots are released.

Аэрофлот takes the first Tu-144S

MOSCOW — Аэрофлот took delivery of the world's first Tupolev Tu-144S. It was the airline's third first delivery of a new Tupolev model this year.