U. S. Airlines

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U. S. Airlines
Founded9 June 1944 [1] [2]
incorporated in Florida
Commenced operations5 December 1945 (1945-12-05) [1]
Ceased operations1954
Operating bases Fort Lauderdale, Florida [3]
Atlanta, Georgia [4]
St Petersburg, Florida
(Pinellas) [5]
St Petersburg, Florida
(Albert Whitted) [5]
Fleet sizeSee Fleet
Headquarters New York, New York [6]
Fort Lauderdale, Florida [7]
Atlanta, Georgia [8]
St Petersburg, Florida [5]
United States
FounderHarry R. Playford [1]

The generically-named U. S. Airlines (with a space between the "U." and "S.") was one of the first scheduled cargo airlines to operate in the United States, awarded a certificate by the Civil Aeronautics Board (CAB) (the now defunct Federal agency that, at the time, tightly regulated almost all US commercial air transportation) in July 1949 in the same proceedings that awarded certificates to Flying Tiger Line and Slick Airways. Flying Tiger and Slick were given transcontinental freight routes, U. S. Airlines was given north-south routes east of the Mississippi. [9] The CAB picked U. S. Airlines over competitors in significant part because it was well capitalized. [10] U. S. Airlines started certificated service 1 October 1949. [11] The airline spent the time before its certification flying freight on east coast routes. [1]

Contents

A photo of a U. S. Airlines aircraft is available under External links.

U. S. Airlines suspended scheduled service after less than two years of operations. Its fortunes notably diverged from those of Flying Tiger and Slick. In 1950 and 1951, Flying Tiger had revenues (operating margins) of $4.8 million (30%) and $6.5 million (40%) respectively, [12] while those of Slick for 1950 and 1951 were $6.8 million (8.0%) and $9.8 million (4.7%). [13] By contrast, U. S. Airline had 1950 and 1951 revenue (operating margin) of $0.56 million (-86%) and $0.58 million (-67%). [11] The carrier went bankrupt in May 1951, [14] reorganized and had another substantial leadership change in October 1952. [15] Scheduled service was intermittent. U. S. Airlines then went bankrupt again in September 1953. [16] Challenges mentioned in connection with its financial issues included demand seasonality, particularly northbound which depended on flower, fruit and vegetable harvests, and stock manipulation. The carrier also faced a great deal of competition, including higher capacity provided by irregular air carriers and scheduled passenger carriers (which could and did fly cargo aircraft). [17]

Following its September 1953 bankruptcy, U. S. Airlines did not offer scheduled service again [18] [19] but briefly operated charter service at the start of 1954. [20] Later that year, U. S. Airlines floated schemes to return to operation by merging with California Eastern Aviation (July) [21] and by merging with Lost Dutchman Uranium Mining (October), the idea being that the airline would transport uranium ore by air. [22] In November 1955 the CAB awarded its routes to other carriers, splitting them between AAXICO Airlines and Riddle Airlines (later known as Airlift International). [23] At the time, U. S. Airlines had no aircraft and only two employees. [18] The CAB declined to renew its certificate. [24] Certificate revocation was official 20 January 1966. [11]

U. S. Airlines was publicly-traded. It went public in 1946, well before it was certificated, raising $2.9 million in gross proceeds (worth about $49 million in 2024 terms). [25] Investigative journalists Drew Pearson and Jack Anderson reported that Colonel G. Gordon Moore, a brother-in-law of then-First Lady Mamie Eisenhower, was hired as an officer to help the airline intervene with the CAB as it fell on hard times (Moore is shown on incorporation records), [2] and insiders thereby ramped the stock price of U. S. Airlines to help them offload shares before the airline went bankrupt. [26] [27]

Fleet

As of May 1946: [1]

As of December 1949: [28]

As of September 1953: [16]

Accidents and incidents

See also

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References

  1. 1 2 3 4 5 "U. S. Airlines, with 14 C-47's, Plans Added Routes, Schedules". Aviation News. 5 (19): 17. 20 May 1946. ISSN   0005-2175.
  2. 1 2 "Search results for document number 143040, U S Airlines". sunbiz.org. Division of Corporations, State of Florida. Retrieved 22 October 2024.
  3. ↑ Airline Moves Equipment To County Airport, Fort Lauderdale News, 3 March 1950
  4. ↑ U. S. Airlines To Move; Sets New Flights Tampa Bay Times, 22 April 1948
  5. 1 2 3 U. S. Airlines Moves To Pinellas Airport, Tampa Bay Times, 23 April 1946
  6. ↑ Air Transport Facts and Figures, 14th Edition, 1953 (PDF) (Report). Washington, DC: Air Transport Association of America. 1953. p. 20. Retrieved 22 October 2024.
  7. ↑ Jamaica 1952, p. i.
  8. ↑ U. S. Airlines To Establish Base At Port, Fort Lauderdale News, 25 October 1949
  9. ↑ "Air Freight Case". Civil Aeronautics Board Reports. 10. Washington, DC: U.S. General Printing Office: 572–646. January–November 1949. hdl: 2027/osu.32437011657588 .
  10. ↑ Certification 1949, p. 608.
  11. 1 2 3 Handbook of Airline Statistics, United States Certificated Air Carriers, Calendar Years 1949–1956 (Report). Civil Aeronautics Board. June 1960. p. 185. hdl: 2027/mdp.39015024399167 .
  12. ↑ Handbook 1960, p. 181.
  13. ↑ Handbook 1960, p. 184.
  14. ↑ "U. S. Airlines Facing Management Change". Aviation Week. 55 (3): 75. 16 July 1951. ISSN   0005-2175.
  15. ↑ "Airline Shakes Up Its Top Command". Aviation Week. 57 (16): 18. 16 July 1951. ISSN   0005-2175.
  16. 1 2 "Bankrupt Cargo Line Asks For Stock Sale". Aviation Week. 59 (22): 65. 16 July 1951. ISSN   0005-2175.
  17. ↑ North-South 1955, p. 278–279.
  18. 1 2 North-South 1955, p. 311.
  19. ↑ Revision of Civil Aeronautics Act: Hearings Before the Committee on Interstate and Foreign Commerce, United States Senate, Eighty-third Congress, Second Session, on S. 2647, a bill to create an independent civil aeronautics authority... (Report). Washington, DC: U.S. General Printing Office. 1954. p. 790. hdl: 2027/uc1.b5167452 .
  20. ↑ U. S. Airlines In Operation Once Again, Fort Lauderdale News, 7 January 1954
  21. ↑ Oakland Airway in Deal for Freight Line, Oakland Tribune, 28 July 1954
  22. ↑ Cargo Airline Merger Plan Is Authorized, Miami News, 30 October 1954
  23. ↑ "North-South Airfreight Renewal Case". Civil Aeronautics Board Reports. 22. Washington, DC: U.S. General Printing Office: 253–321. November–December 1955. hdl: 2027/osu.32435022360515 .
  24. ↑ North-South 1955, p. 253,265.
  25. ↑ "Airline Expansion Induces Waves of Stock Offerings". Aviation News. 5 (23): 27. 17 June 1946. ISSN   0005-2175.
  26. ↑ Merry-Go-Round, Ft Collins Coloradoan, 4 May 1953
  27. ↑ Ike's In-Law Escapes Full Probe, Tampa Tribune, 11 May 1958
  28. ↑ "U.S. Scheduled Air Transport Industry". Aviation Week. 52 (9): 121. 27 February 1950. ISSN   0005-2175.
  29. ↑ "Douglas DC-3C NC88804 Friday 14 March 1947". asn.flightsafety.org. Aviation Safety Network. Retrieved 22 October 2024.
  30. ↑ Aircraft Accident Report: U. S. Airlines, Inc.—Jamaica, New York, April 5, 1952 (Report). Civil Aeronautics Board. 25 September 1952. doi:10.21949/1500567.
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