Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-01-05

gun 1S GAp6CGSQ Dy many
aviation people, to mark
= the opening of a new
period in the development of
commercial aviation in the United
States-a period of sterilization
of settling down and of careful
planning for sounder future
growth.
The few years of hurried ex-
pansion which now are culmina-
ting in the shutting down of a
number of the weaker aviation
production plants and a general
state bordering on financial col
lapse were certain to result in a
succeeding term of more conServ-
alive expansion, based upon
thorough study of the needs of
modern aviation.
The past year has witnessed the
the throwing of tremendous CAPT.
tai into aviation and the growth
of great aviation combines, which
have absorbed one after another
of the smaller independent con-
Germs. The recent financial dis
turbances have been a powerful
factor in bringing to a close the
boom period" of aviation.
Outstanding Feature of 1880.
1.-THE outstanding feature of
$780," said Clement NJ. Keys,
president of North American
Aviation and its subsidiary COM
panies, probably will be ire
mendouS growth in the number
of miles flown, especially in air
mail and miscellaneous services.
Well founded and well financed
industries in the trade now can
see their way clear to a sound and
constructive growth in 1890"
The coming year probably will
bring, for the first time, intense
competition in all branches of the
aviation industry and a concerted
effort on the part of the leading
companies to sell the business
man and the general public on
aviation. There will be efforts to
improve airplane design rather
than to rush production on any
type of design which may seem to
meet current needs.
Forecast of General Business.
The year also may be expected
to bring advances in the general
business management of aviation
and in methods of marketing and
servicing of aircraft and aviation
engines. Many statesmen will find
employment in the aviation field.
The Ryan division of the Detroit
Aircraft Corporation, for example,
has begun the creation of ma
tional sales organization, with an
airplane dealer in every town and
city of more than 10000 popula-
ton. This is typical of the trend
which may be expected to become
more pronounced during the year.
The deferred payment plan has
appeared in the marketing OF air
planes, and 1880 probably will
witness the granting of more lib
eral terms of financing and a
more general use of the plan.
There also is room for improve
ment in the application of in
Surance to aviation, and the year
may witness important steps in
this direction.
Air Transport to Grow.
There probably will be notable
expansions Of air passenger, mail
and express lines during the year,
attended by even greater reduc-
ton of travel time. The aeronau-
tics branch of the Department of
Commerce, in the Air Commerce
Bulletin, predicts that in the near
future I'VE shall undoubtedly
have transcontinental service
which will carry us from coast to
coast in "a hours. We shall also
have, eventually, transoceanic
service for both passengers and
mail"
In a brief review of the f1nan-
cial aspects Of aviation, the aero
nautic branch officials said: "Avi-
alton stocks and securities have
recently declined. So have prac-
tically all other industrials, and
it is not a circumstance peculiar
to aviation.
"The conservative investor who
has purchased aviation securities
in sound organizations for the
long haul rather than quick
turnover for immediate profit
taking, will find himself in much
the same position as the early
investors in other transportation
securities. The impending prog
reSs in the aircraft industry wa
be orderly, sound economically,
and along lines that have been
clearly indicated. The returns
should be consistent, adequate
and certain"
Resales a Problem.
AS was the case in the auto
mobile industry, the marketing of
trade-in used planes threatens to
become a serious problem. The
number of used planes which will
be traded in for new planes or
which may be resold will be
greatly increased during 1890, it is
4,906 airplanes whose ownership
During the past year there were
4,906 airplanes whose ownership
was transferred, according to rec
ords of the Department of Com
, merce aeronautics branch. This
was more than double the number