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Future Prospects

The Company has been authorized by the Civil Aeronautics Board to provide scheduled helicopter transportation in the greatest metropolitan area in the world.  Our services are responsive to the needs not only of the 15,000,000 residents of this area, but also of the very large volume of traffic originating elsewhere in the United States and abroad and flowing to or through New York.

It is anticipated that during 1955 our operations will be extended to Manhattan Island, thus for the first time providing direct access by certificated air transportation to the heart of this congested center.  In addition, scheduled passenger operations to northern New Jersey are expected to be inaugurated within the next several weeks.

Joint fare arrangements are under discusion with the fixed-wing airlines serving New York and Newark.  The first such arrangement is now in effect with Northwest Orient Airlines, under which passengers traveling between U. S. and foreign points on Northwest's routes, and points on the Company's routes, are provided with through service for a single fare; thus marking an important advance in the integration of our services with the domestic and international air transport network.

To be sure, the immense potential of helicopter service in the New York metropolitan area will not be realized over night. However, the progress made to date and, particularly, the high degree of public acceptance and support which your Company has enjoyed, indicate that while many technical and economic problems remain for solution, solutions can and will be found.

Finally, I would like to take this opportunity to express my appreciation of the devoted services performed by our personnel, to whom a large share of the credit for the Company's accomplishments is justly due.

By Order of The Board of Directors
Robert L. Cummings, Jr.
President

April 5, 1955
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