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        <title>TRANS WORLD AIRLINES  TWA  1964 EMPLOYEE PROFIT PLAN REMARKS BY V.P. J.E. FRANKUM  XD13404</title>
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        <description>Want to support this channel and help us preserve old films? Visit https://www.patreon.com/PeriscopeFilm Visit our website www.PeriscopeFilm.com This rare, internal use film shows remarks made by Captain J.E. Frankum, Vice President of TWA Trans-world Airlines. Unfortunately it does not show the entire conference given by various leaders of TWA, but only those of Frankum.  Frankum's remarks concern the 1964 employee profit plan and the intense growth of the company in 1960-64. 1964 was an outstanding year according to Frankum, the best year in the history of TWA, with a profit of $37 million dollars. Frankum also mentions that competitors are trying to duplicate TWA's success, and that 1965 will be "an even bigger challenge than 1964". "The biggest area for improvement at TWA is employee performance," Frankum notes, trying to rally his troops to the challenge ahead.  In1967, TWA became one of the US's first all-jet airlines with the retirement of their last propeller driven Lockheed L-749A Constellation and L-1649 Starliner cargo aircraft. Trans World Airlines (TWA) was a major American airline which operated from 1930 until 2001. In the 1960s the airline innovated by adding in-flight movies, doppler radar and the the spoke-hub distribution paradigm at its terminals.  TWA's innovations, coupled with expansion of its fleet, sent its stock from $7.5 per share in 1962 to $62 in 1965.  The airline became increasingly successful and vaulted to the #1 position among USA airlines. Motion picture films don't last forever; many have already been lost or destroyed. We collect, scan and preserve 35mm, 16mm and 8mm movies -- including home movies, industrial films, and other non-fiction. If you have films you'd like to have scanned or donate to Periscope Film, we'd love to hear from you. Contact us via the link below. This film is part of the Periscope Film LLC archive, one of the largest historic military, transportation, and aviation stock footage collections in the USA. Entirely film backed, this material is available for licensing in 24p HD, 2k and 4k. For more information visit http://www.PeriscopeFilm.com Source: https://www.youtube.com/watch?v=Y4O9ZruC41s Mirrored from Periscope Film (https://www.youtube.com/@PeriscopeFilm)</description>
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