TAA A SUCCESSFUL BUSINESS ENTERPRISE
TAA earned a record profit of £534,957 in 1962-63 amid intense competition. The eleventh straight profit, after taxes, shows an income tax burden of over £1 million, depreciation of £1,797,652, and ground equipment costs of £506,188. TAA paid £525,000 in dividends to the Commonwealth Treasury, and carried over 11 million passengers this year, with Fly-Away Holidays boosting sales 32 percent. Thirteen new City and Airport Centres opened as the Boeing 727 T-Jets near service.