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Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Jul 27, 1984
Page
10
Government 1980 Census earnings show white males with postgraduate degrees top salaries at about 27 660 for men and 13 472 for women. Men over 18 average 16 929 while women average 8 238, with schooling and age significantly shaping pay across groups.
Fairchild Industries Inc reports 1984 Q2 earnings of 73 million dollars or 39 cents per share versus 56 million or 30 cents last year. Six months show 159 million dollars or 84 cents per share, against 797 million or 41 cents. Boeing TST contract gains and Saab Fairchild 310 turboprop certification accompany mixed aerospace results.
Peking reports a presidential trade mission signed a broad aerospace cooperation pact with China. The agreement aims to boost U S aviation sales, include a 1986 aircraft exhibit, and schedule a U S trade delegation to China while inviting Chinese delegations to the United States.
The Aircraft Owners and Pilots Association plans a reorganization of its marketing and membership efforts. Bethesda firm Kal & Salan Inc will aim to raise memberships beyond 350,000 as Harmon Pritelard expands member services to attract nonmembers, while Baker stresses a stronger unified voice for general aviation.
The FCC raised ownership caps from 14 radio and seven TV stations to 24 radio and 12 TV stations, with a 4 to 1 vote. Supporters say the change boosts diversity as station counts grow, while opponents promise appeals and scrutiny from public interest groups and Congress.
AVEMCO chairman William P Condon announced consolidated net earnings for the second quarter of 1984 reached 1,555,000 dollars or five per share, up 37 percent from 1983. First half earnings totaled a record 3,049,000 dollars or 1.01 per share, rising 31 percent from 1983. Investment income and revenues grew. AVEMCO Insurance Company posted 17,740,000 dollars in gross premiums written for the quarter, up 26 percent.
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