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162

HELICOPTER AIR SERVICE PROGRAM

Appendix C
Los Angeles Airways, Inc., S-61 mail rates

[[4 columned table]]
|   | LAA. submitted | CAB allowed | Difference |
| --- | --- | --- | --- |
CAB DOCKET 12869 AND 13204
   
Future mail rate period, fiscal year 1962 (CAB Order E 15705 and E 18603): |   |   |   
Break-even need and return on investment in accordance with sec. 406 of the Federal Aviation Act | $1,760,761 |   |   
Less adjustment for delay in S-61 delivery | 279,697 |   |   
   | 1,481,064 | $1,468,716 | ($12,348)
Actual earnings for period, $134,155. |   |   |   
CAB DOCKET 13204 |   |   |   
Future mail rate period, fiscal year 1963 (CAB Order E 19283): |   |   |   
Break-even need and return on investment in accordance with sec. 406 of the Federal Aviation Act | 2,217,000 | 1,803,000 | (414,000)
Actual result was a loss on operation of $46,855. |   |   |   
CAB DOCKET 13204 |   |   |   
Future mail rate period, fiscal year 1964 (CAB Order E 20495): |   |   |   
Break-even need and return on investment in accordance with sec. 406 of the Federal Aviation Act | 2,041,082 | 1,600,000 | (441,082)
Actual result was a loss on operations of $15,556. |   |   |   

LOS ANGELES AIRWAYS MAIL RATE FORECASTS VERSUS CAB RATE ALLOWANCES, 1953-64
The following table shows Los Angeles Airways mail rate forecasts of break-even need as submitted to the CAB, verified as true and complete by the company, with the intent that full and complete reliance be placed on the accuracy of each and every statement therein. The submissions are compared to the amounts actually allowed by the Board.