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ii INDEX [[subject]] | Page No. | VI. (Cont'd) B.. (Cont'd) | 1. Certificated operations produce more intensive utilization than do military operations | 34 | | 2. The contribution of NYA's intensive utilization to longer times between overhauls and to maintenance provisioning | 35 | | 3. The contribution of NYA to design improvements | 37 | | C. Commercial Experience is Sufficiently Comparable to Military Operations To Be of Direct Value | 39 | VII. NYA's Certificated Service Provides Other Important Public Interest Benefits 41 | A. It Contributes to the Balance of Payments | 41 | | B. It Contributes to the Postal Service | 43 | | C. It Aids Civil Defense | 45 | | VIII. The Realization of The Benefits Resulting From Continuation of NYA's Certificated Operations In a Manner Most Consistent With the Public Convenience and Necessity Requires Continued Subsidy Eligibility | 47 | | A. The Five-Year Plan Provides the Minimum Subsidy Required for the Operations Forecast | 47 | | 1. The volume required for self-sufficiency operation cannot be attained with less subsidy or in less time | 48 | | 2. Time will also be required to achieve the technological improvement essential for self-sufficiency | 48 | | 3. While realization of self-sufficiency will take time, it is attainable | 49 | | B. The Operating Support Contracts With Pan American and TWA Will Not Eliminate the Necessity for Subsidy Eligibility | 51 | | 1. The main effect is to reduce actual subsidy requirements by $2,341,000 | 52 | | 2. The contracts are firm for only one year | 52 | | 3. The contracts pay interest only and provide no return on equity capital | 53 | | 4. Even if the contracts are renewed, subsidy eligibility is needed to meet the requirements of the public convenience and necessity | 56 |