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one of his captains made an unauthorized landing and overnight stay at a military base and the FAA fined him $200.
VAS has had five accidents during its 15 year history. In 1958 a two-seat aircraft, with one pilot and one passenger, on a charter flight, made a short landing on an approach into Danville. It flipped over, resulting in minor injuries to the occupants. In April 1966 another two-seater had a fatal crash at Warren, Ohio. In March 1968 two pilots were flying a military cargo consisting of 900 pounds of explosive land mines when it crashed attempting to land at Salt Lake City, Utah. There were no injuries or explosions. In August 1968 another laden aircraft ran off a runway resulting in minor damages and no injuries. The only accident on a commuter flight occurred in April 1969 when the landing gear collapsed, but there were no personal injuries and only minor damages to the aircraft.
Commission investigators examined the recent inspection records of VAS on file with the GADO-19 office at Springfield. VAS pilots Jack Ward and Richard Rush are FAA-approved check pilots. On September 8, 1971, an FAA Inspector conducted the annual base inspection. A ramp check was conducted on September 15, 1971. Six month IFR checks were conducted by the two company check pilots on seven different occasions between April 17, 1971, and Septembers, 1971. Four enroute annual operational inspections were conducted by an FAA Inspector between June 23, 1971, and September 8, 1971. FAA also conducted two base maintenance inspections on August 6 and September 7, 1971. Enroute maintenance inspections were conducted by FAA Inspectors four times between January 26, 1971, and November 4, 1971. A Systems Worthiness Analysis Program (SWAP) was completed by a team of FAA Inspectors on December 13, 1970.
VAS is authorized by the FAA to conduct their own 100 hour maintenance inspection, annual inspection, pilot training program, six month instrument check and pilot-in-command competency check.
Financial Position
VAS operates at an annual net profit. Its balance sheet as of August 31, 1971, shows an earned surplus for the preceding year of $167,691.73 and together with $16,000 in capital
stock has a net worth of $183,691.73. Current assets are $431,651.94, fixed assets $589,957.16, and other assets of $122,678.09 for a total of $1,144,287.19. Its current liabilities were $330,995.58, long-term liabilities of $532,439.58, deferred credits of $97,160.30�which together with its capital stock of $16,000 and earned surplus of $167,691.73 brings the total to $1,144,287.19.
Britt rents his three hangars from the Vermilion County Airport Authority at reasonable rates. He also rents space from them for a ticket office in the terminal building which also houses his administrative offices, across the street from his maintenance hangar. VAS has its own Texaco fuel sales and hence does not have to purchase fuel from another supplier. All of the aircraft parts are purchased from the respective manufacturers of the particular aircraft being serviced. Britt still owes money on all of his aircraft. One of the commuter airplanes is operated on a lease-purchase agreement and all the others have been financed through loan arrangements with Chicago's Pullman Bank, at seven to eight per cent interest, payable over an eight year period.
Of the aircraft it owns VAS pays monthly installments of $5,456, $3,459.03 and $449.16 for three of them. It owns one outright. For the Beechcraft 99 aircraft, operated on a lease-purchase basis, VAS pays $3,485.18 a month.
Interviews of Personnel
1. Richard D. Rush. The chief pilot for VAS, residing at 1811 Smith Road, Danville, was interviewed by a commission investigator on January 5, 1972. His duties include, among other things, the hiring and firing of flight personnel, training programs, giving check rides to pilots and maintaining crew records.
No crew member ever exceeds regulation duty hours or ever comes close to flying his maximum ten hours daily. Crew members are given regular check rides as required by existing federal aviation regulations, a fact which was corroborated when our investigator examined the appropriate records. Each pilot is responsible for his airplane's weight and balance and he will usually compute the necessary figures to prevent an aircraft taking off in excess of the gross weight limitation imposed by federal regulations.
92
Object Description
| Title | Intrastate air operations in Illinois |
| Creator |
Illinois. General Assembly. Legislative Investigating Commission |
| Subject [LCSH] |
Aeronautics, Commercial--Illinois Local service airlines--Illinois |
| Date Original | 1972 |
| Language | eng |
| Geographic Coverage | United States--Illinois |
| Contributing Institution | Illinois State Library |
| Rights | Materials in this collection are made available by the Illinois State Library. To request reproductions or inquire about permissions, contact: islimg@ilsos.net. Please cite the item title and collection name. |
| Identifier | 0653360 |
| Type | Text |
| Format | Book |
| Digital Format | JPEG |
| Collection Name | Illinois State Library - General Collection |
Description
| Title | Page 92 |
| Contributing Institution | Illinois State Library |
| Rights | Materials in this collection are made available by the Illinois State Library. To request reproductions or inquire about permissions, contact: islimg@ilsos.net. Please cite the item title and collection name. |
| Transcript | one of his captains made an unauthorized landing and overnight stay at a military base and the FAA fined him $200. VAS has had five accidents during its 15 year history. In 1958 a two-seat aircraft, with one pilot and one passenger, on a charter flight, made a short landing on an approach into Danville. It flipped over, resulting in minor injuries to the occupants. In April 1966 another two-seater had a fatal crash at Warren, Ohio. In March 1968 two pilots were flying a military cargo consisting of 900 pounds of explosive land mines when it crashed attempting to land at Salt Lake City, Utah. There were no injuries or explosions. In August 1968 another laden aircraft ran off a runway resulting in minor damages and no injuries. The only accident on a commuter flight occurred in April 1969 when the landing gear collapsed, but there were no personal injuries and only minor damages to the aircraft. Commission investigators examined the recent inspection records of VAS on file with the GADO-19 office at Springfield. VAS pilots Jack Ward and Richard Rush are FAA-approved check pilots. On September 8, 1971, an FAA Inspector conducted the annual base inspection. A ramp check was conducted on September 15, 1971. Six month IFR checks were conducted by the two company check pilots on seven different occasions between April 17, 1971, and Septembers, 1971. Four enroute annual operational inspections were conducted by an FAA Inspector between June 23, 1971, and September 8, 1971. FAA also conducted two base maintenance inspections on August 6 and September 7, 1971. Enroute maintenance inspections were conducted by FAA Inspectors four times between January 26, 1971, and November 4, 1971. A Systems Worthiness Analysis Program (SWAP) was completed by a team of FAA Inspectors on December 13, 1970. VAS is authorized by the FAA to conduct their own 100 hour maintenance inspection, annual inspection, pilot training program, six month instrument check and pilot-in-command competency check. Financial Position VAS operates at an annual net profit. Its balance sheet as of August 31, 1971, shows an earned surplus for the preceding year of $167,691.73 and together with $16,000 in capital stock has a net worth of $183,691.73. Current assets are $431,651.94, fixed assets $589,957.16, and other assets of $122,678.09 for a total of $1,144,287.19. Its current liabilities were $330,995.58, long-term liabilities of $532,439.58, deferred credits of $97,160.30�which together with its capital stock of $16,000 and earned surplus of $167,691.73 brings the total to $1,144,287.19. Britt rents his three hangars from the Vermilion County Airport Authority at reasonable rates. He also rents space from them for a ticket office in the terminal building which also houses his administrative offices, across the street from his maintenance hangar. VAS has its own Texaco fuel sales and hence does not have to purchase fuel from another supplier. All of the aircraft parts are purchased from the respective manufacturers of the particular aircraft being serviced. Britt still owes money on all of his aircraft. One of the commuter airplanes is operated on a lease-purchase agreement and all the others have been financed through loan arrangements with Chicago's Pullman Bank, at seven to eight per cent interest, payable over an eight year period. Of the aircraft it owns VAS pays monthly installments of $5,456, $3,459.03 and $449.16 for three of them. It owns one outright. For the Beechcraft 99 aircraft, operated on a lease-purchase basis, VAS pays $3,485.18 a month. Interviews of Personnel 1. Richard D. Rush. The chief pilot for VAS, residing at 1811 Smith Road, Danville, was interviewed by a commission investigator on January 5, 1972. His duties include, among other things, the hiring and firing of flight personnel, training programs, giving check rides to pilots and maintaining crew records. No crew member ever exceeds regulation duty hours or ever comes close to flying his maximum ten hours daily. Crew members are given regular check rides as required by existing federal aviation regulations, a fact which was corroborated when our investigator examined the appropriate records. Each pilot is responsible for his airplane's weight and balance and he will usually compute the necessary figures to prevent an aircraft taking off in excess of the gross weight limitation imposed by federal regulations. 92 |
| Collection Name | Illinois State Library - General Collection |
