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At least 19 records

Leasing as a Source of Finance by the Major US Airlines: Hidden Debt and its Changes Over Time

This paper updates prior research on aircraft leasing and contrasts the findings of current data with prior results. Usage of leases by air carriers is a means to lessen the impact of financial obligations from fleet purchases. The study revisits two previous studies, one in 1969 and one in 1991, which is analyzed the incidence of leases by major air carriers. The current study updates these past studies to consider air carriers current usage of leases. Additionally, since operating leases are not reflected in the balance sheets of airlines, operating lease information was capitalized using a present value of future operating lease payments. Then, financial debt burden ratios were computed to determine the impact from the capitalization of lease information. The usage of operating leases increased, significantly from the first study to the 1991 study, and this trend continues. The incidence of leasing, the classification of leases as operating, and the percentage of operating leases to total fleet have all increased for the majority of the airlines reviewed. When operating lease data were capitalized, debt ratios weakened, providing further evidence of deterioration in the financial health of air carriers.

Gritta, Richard D.↗

Leasing of federal geothermal resources

Pursuant to the Geothermal Steam Act of 1970 and the regulations published on December 21, 1973, the first Federal geothermal competitive lease sale was held on January 22, 1974, by the Department of the Interior, offering 33 tracts totalling over 50,000 acres in three Known Geothermal Resource Areas in California. On January 1, 1974, Federal lands outside Known Geothermal Resource Areas were opened to noncompetitive lease applications, of which, 3,763 had been received by June 1, 1974. During fiscal year 1974, a total of 22 competitive leases had been issued in California and Oregon. The principal components in the Department involved in the leasing program are the Geological Survey and the Bureau of Land Management. The former has jurisdiction over drilling and production operations and other activities in the immediate area of operations. The latter receives applications and issues leases and is responsible for managing leased lands under its jurisdiction outside the area of operations. The interrelationships of the above agencies and the procedures in the leasing program are discussed.

Stone, R. T.↗

Applicability of NASA contract quality management and failure mode effect analysis procedures to the USGS Outer Continental Shelf oil and gas lease management program

An approach that might be used for determining the applicability of NASA management techniques to benefit almost any type of down-to-earth enterprise is presented. A study was made to determine the following: (1) the practicality of adopting NASA contractual quality management techniques to the U.S. Geological Survey Outer Continental Shelf lease management function; (2) the applicability of failure mode effects analysis to the drilling, production, and delivery systems in use offshore; (3) the impact on industrial offshore operations and onshore management operations required to apply recommended NASA techniques; and (4) the probable changes required in laws or regulations in order to implement recommendations. Several management activities that have been applied to space programs are identified, and their institution for improved management of offshore and onshore oil and gas operations is recommended.

Dyer, M. K.↗

Canadian MSAT field trial program user requirements

A wide range of mobile satellite service offerings will be available in late 1993 with the launch of Canada's first satellite devoted almost exclusively to mobile and transportable services. During the last seven years, the Dept. of Communications has been meeting with potential MSAT users in government and the private sector as part of a $20M Communications Trials Program. User trials will be conducted using leased capacity as well as capacity on Canada's MSAT satellite. User requirements are discussed which were identified under the Communications Trials Program. Land, marine, aeronautical, and fixed applications are described from the perspective of the end users. Emphasis is placed on field trials being accomplished using leased capacity such as the marine data trial being implemented by Ultimateast Data Communications, trials using transportable briefcase terminals and additional field trials being considered for implementation with the TMI Mobile Data Service. The pre-MSAT trials that will be conducted using leased capacity are only a limited sample of the overall end user requirements that have been identified to date. Additional end user applications are discussed, along with a summary of user benefits.

Pedersen, Allister↗

Studies of the Surface Treatment and Sizing of Carbon Fiber Surfaces on the Mechanical Properties of Composites Containing Carbon Fibers

Carbon fiber reinforced composites are materials where carbon fibers are used to reinforce a matrix to produce a light and strong material with important applications in the aerospace industry. There are many aspects of the preparation of these materials that would benefit from a study which combines the research of groups involved in the production, testing and analysis of these materials, and studies of the basic surface chemistry involved. This final reports presents the results of a project that has developed a collaboration between groups in all three of the major research universities in the State of Kansas, and promises to lead to a collaborative program that covers the major aspects of composite development and application. Sherwood has provided initial fiber surface treatment and sizing together with fiber and composite surface analysis; Lease, Tomblin and Wang have worked together toward the goal of preparing pre-preg and fabrication of laminated panels; Locke has developed computational models to evaluate the effect of surface treatment (and chemistry) on mechanical properties; Lease, Tomblin and Wang have worked together to perform all necessary mechanical testing. The research has been focused on materials that would benefit the High Speed Civil Transport (HSCT) program. The group has visited Dr. Howard Maars and his colleagues at NASA Langley, and has focused their studies on the NASA requirements discussed in this meeting. An important development, requested by NASA scientists, has been the acquisition and study of K3B as a matrix material for the composites. The project has led to the successful acquisition and surface analysis of K3B, together with the successful deposition of this material onto surface oxidized carbon fibers. Mechanical testing, modelling and the construction of composite preparation equipment has been achieved during the grant period.

Sherwood, Peter M. A.↗

Economical ground data delivery

Data delivery in the Deep Space Network (DSN) involves transmission of a small amount of constant, high-priority traffic and a large amount of bursty, low priority data. The bursty traffic may be initially buffered and then metered back slowly as bandwidth becomes available. Today both types of data are transmitted over dedicated leased circuits. The authors investigated the potential of saving money by designing a hybrid communications architecture that uses leased circuits for high-priority network communications and dial-up circuits for low-priority traffic. Such an architecture may significantly reduce costs and provide an emergency backup. The architecture presented here may also be applied to any ground station-to-customer network within the range of a common carrier. The authors compare estimated costs for various scenarios and suggest security safeguards that should be considered.

Markley, Richard W.↗

The Conference Proceedings of the 1998 Air Transport Research Group (ATRG) of the WCTR Society

Contents include the following: Airport choice in a multiple airport region: an empirical analysis for the San Francisco bay area. Liberalization of the westeuropian aviation: choice of a new hub airport for an airline. Austin Bergstrom airport traffic control tower establishment of a major activity level tower. A study to optimize the environmental capacity of Amsterdam airport schiphol.Airport performance in stakeholder involvement and communication strategies: a comparison of major Australian and North American air carrier and general aviation airports. Airport planning and location.Location of international airport and regional development. A simulation technique for analysis of Brasilian airport passanger terminal building.Multimodal airport access in Japan. Planning surface access provision at major airports Airline economics and the inclusion of environmental costs on airport hub pricing: a theoretical analysis. Airport financing and user charge systems in the USA. Optimal demand for operating lease of aircraft. Aircraft leasing industry and social welfare.The development of performance indicators for airports: a management perspective. Study about operational effect of the "security check-in" implantation in Brasilian international airports.Austin Bergstrom west loop cable system.and Optimal resource allocation model for airport passanger terminals.

Oum, Tae Hoon↗

The Impact of Total Liberalization of Domestic Air Transport on the Social Welfare and on the Dynamic of Competition: Comparison Between the United States and the European Union

Since the lst of April 1997 date of the implementation of the third package of the liberalization, air transport, within the european Union has become totally liberalized. In the United States the deregulation of domestic air traffic was earlier and faster since it took place in October 1978 after the adoption of the only act of deregulation. This paper, in its first part, deals with the liberalization of the industry of air traffic in the european union. After a comparison with US system based on market demand, fare policy and network restrictions, we present our descriptive results coming from treatments on the OAG data. These results present several aspects such as the evolution of the competitive structure of the intra-european routes, the level of airport dominance and the growth of hub structure. The second part of the paper presents models of entry in the airline industry. As profitability" of route flown explains correctly decisions taken by airlines to serve or not a route, the paper focuses on the specification and the estimation of the determinants of city, pair profitability in the european union. Treatments done on the OAG data show a rapid development of leasing space agreement (partial and total) and code sharing practices between 1995 and 2000 in Europe that's why we differentiate first between the two type of competitive strategy of entry(direct entry and leasing space agreement) and second between the competitive strategy of entry and the alliance strategy of code sharing. So the estimation of model will be able to answer the question if the european air transport market is contestable and in case not to see if the decision of entry is more directed by the level of airport dominance (as in the domestic United States market)or essentially by the competitive structure of the routes. We try to explain the nature of entry(directleasing or code sharing) by the different levels of these two determinants.

Zbidi, Karim↗

Local oscillator distribution using a geostationary satellite

A satellite communication system suitable for distribution of local oscillator reference signals for a widely spaced microwave array has been developed and tested experimentally. The system uses a round-trip correction method of the satellite This experiment was carried out using Telstar-5, a commercial Ku-band geostationary satellite. For this initial experiment, both earth stations were located at the same site to facilitate direct comparison of the received signals. The local oscillator reference frequency was chosen to be 300MHz and was sent as the difference between two Ku-band tones. The residual error after applying the round trip correction has been measured to be better than 3psec for integration times ranging from 1 to 2000 seconds. For integration times greater then 500 seconds, the system outperforms a pair of hydrogen masers with the limitation believed to be ground-based equipment phase stability. The idea of distributing local oscillators using a geostationary satellite is not new; several researchers experimented with this technique in the eighties, but the achieved accuracy was 3 to 100 times worse than the present results. Since substantially and the performance of various components has improved. An important factor is the leasing of small amounts of satellite communication bandwidth. We lease three 100kHz bands at approximately one hundredth the cost of a full 36 MHz transponder. Further tests of the system using terminal separated by large distances and comparison tests with two hydrogen masers and radio interferometry is needed.

hydrogen maser↗

Precision Cleaning - Path to Premier

ITT Space Systems Division s new Precision Cleaning facility provides critical cleaning and packaging of aerospace flight hardware and optical payloads to meet customer performance requirements. The Precision Cleaning Path to Premier Project was a 2007 capital project and is a key element in the approved Premier Resource Management - Integrated Supply Chain Footprint Optimization Project. Formerly precision cleaning was located offsite in a leased building. A new facility equipped with modern precision cleaning equipment including advanced process analytical technology and improved capabilities was designed and built after outsourcing solutions were investigated and found lacking in ability to meet quality specifications and schedule needs. SSD cleans parts that can range in size from a single threaded fastener all the way up to large composite structures. Materials that can be processed include optics, composites, metals and various high performance coatings. We are required to provide verification to our customers that we have met their particulate and molecular cleanliness requirements and we have that analytical capability in this new facility. The new facility footprint is approximately half the size of the former leased operation and provides double the amount of throughput. Process improvements and new cleaning equipment are projected to increase 1st pass yield from 78% to 98% avoiding $300K+/yr in rework costs. Cost avoidance of $350K/yr will result from elimination of rent, IT services, transportation, and decreased utility costs. Savings due to reduced staff expected to net $4-500K/yr.

Mackler, Scott E.↗

Detection of Natural Oil Seeps in the Atlantic Ocean Using MODIS

Natural oil seepage is the release of crude oil into the ocean from fissures in the seabed. Oil seepage is a major contributor to the total amount of oil entering the world s oceans. According to a 2003 study by the National Academy of Sciences (NAS), 47 percent of oil entering the world s oceans is from natural seeps, and 53 percent is from human sources (extraction, transportation, and consumption). Oil seeps cause smooth oil slicks to form on the water s surface. Oil seeps can indicate the location of stores of fossil fuel beneath the ocean floor. Knowledge of the effect of oil seepage on marine life and marine ecosystems remains limited. In the past, remote sensing has been used to detect oil seeps in the Gulf of Mexico and off of the coast of southern California. This project utilized sun glint MODIS imagery to locate oil slicks off of the Atlantic coast, an area that had not previously been surveyed for natural oil seeps using remote sensing. Since 1982, the Atlantic Ocean has been closed to any oil and gas drilling. Recently, however, the U.S. Minerals Management Services (MMS) has proposed a lease for oil and gas drilling off the coasts of Virginia and North Carolina. Determining the location of seepage sites in the Atlantic Ocean will help MMS locate potential deposits of oil and natural gas, thereby reducing the risk of leasing areas for petroleum extraction that do not contain these natural resources.

Reahard, Ross↗

Economical Ground Data Delivery

Data delivery in the Deep Space Network (DSN) involves transmission of a small amount of constant, high-priority traffic and a large amount of bursty, low-priority data. The bursty traffic may be initially buffered and then metered back slowly as bandwidth becomes available. Today both types of data are transmitted over dedicated leased circuits. The authors investigated the potential of saving money by designing a hybrid communucations architecture that uses leased circuits for high-priority network communications and dial-up circuits for low-priority traffic. The architecture presented here may also be applied to any ground station-to-customer network within the range of a common carrier. The authors compare estimated costs for various scenerios and suggest security safeguards that should be considered.

communications↗

Proprietary software

The protection of intellectual property by a patent, a copyright, or trade secrets is reviewed. The present and future use of computers and software are discussed, along with the governmental uses of software. The popularity of contractual agreements for sale or lease of computer programs and software services is also summarized.

Marnock, M. J.↗

Conference on General Aviation-Business Flying, University of Tennessee, Tullahoma, Tenn., August 17-19, 1972, Proceedings.

The papers deal with safety measures, commuter airlines, charter and lease flying, pleasure flying and private travel, technology for the next decade, avionics, and the airport network. Attention is given to transfer between general and commercial terminals, airport standards, traffic control, increasing training effectiveness through simulation, proposed revision of Part 61 of FAA regulations, and accident prevention. Individual items are announced in this issue.

Source record↗

Apollo experience report: Communications used during recovery operations

Apollo program experience in recovery-support communications is reviewed, and the working relationships among NASA, the Department of Defense, and commercial communications facilities are discussed. The organization, facilities, philosophy, and funding of recovery-support communications are described. The relocation of two recovery control centers is discussed, as are the functions of primary and secondary recovery ships, aircraft, and relay satellities. The possibility of using ships of opportunity for recovery operations is considered. Finally, the means by which money, manpower, and resources have been saved and longlines leased are delineated.

Hoover, J. E.↗

Alternative communication network designs for an operational Plato 4 CAI system

The cost of alternative communications networks for the dissemination of PLATO IV computer-aided instruction (CAI) was studied. Four communication techniques are compared: leased telephone lines, satellite communication, UHF TV, and low-power microwave radio. For each network design, costs per student contact hour are computed. These costs are derived as functions of student population density, a parameter which can be calculated from census data for one potential market for CAI, the public primary and secondary schools. Calculating costs in this way allows one to determine which of the four communications alternatives can serve this market least expensively for any given area in the U.S. The analysis indicates that radio distribution techniques are cost optimum over a wide range of conditions.

Mobley, R. E., Jr.↗

Shuttle user analysis (study 2.2): Volume 3. Business Risk And Value of Operations in space (BRAVO). Part 4: Computer programs and data look-up

Computer program listings as well as graphical and tabulated data needed by the analyst to perform a BRAVO analysis were examined. Graphical aid which can be used to determine the earth coverage of satellites in synchronous equatorial orbits was described. A listing for satellite synthesis computer program as well as a sample printout for the DSCS-11 satellite program and a listing of the symbols used in the program were included. The APL language listing for the payload program cost estimating computer program was given. This language is compatible with many of the time sharing remote terminals computers used in the United States. Data on the intelsat communications network was studied. Costs for telecommunications systems leasing, line of sight microwave relay communications systems, submarine telephone cables, and terrestrial power generation systems were also described.

Source record↗

User data dissemination concepts for earth resources, appendixes

A number of appendices were presented, dealing with the following topics: (1) a summary of the recommendations for spectral band location from six studies and for six disciplines. (2) demonstration of the LANDSAT scenes required for a satellite of 18-day repeat cycle, and comparison of the data volume associated with scene transmission with the data volume based on length-of-swath estimates, (3) presentation of a sample of the potential user demand projected based on polar orbiter passes over Conus and Alaska, (4) presentation of the nominal and expanded user demands for both Conus and Alaska, (5) derivation of a mathematical relation, (6) tables giving cost calculations for certain data points, (7) presentation of the UOT G/T and link budgets for leased-transponder transmission alternative, and (8) flow charts of the simulation program.

Source record↗