Executive VP’s Report - 2003/05
Contact
Doug Holland AMA Executive VP 3517 Fernwood Dr. Raleigh, NC 27612 (Home) (919) 787-5163 (Office) (919) 787-7454
We have just completed the Executive Council meeting for the month of February and possibly you have read the minutes in the magazine by now. We are still having a great deal of problems with insurance coverage. The broker is working hard on the issue and we should know something within a couple of weeks. Of course, by the time you read this, the problem will be solved. I hope we will be able to maintain the coverage we have had for many years.
There are no financial numbers in this column because the audit report will not be issued for a few months.
Last year we sustained a net operating loss because of the depreciation charge and the loss in the stock market. We actually spent less money than we took in, so from a cash position we remain very strong.
The Education Committee and the National Model Aviation Museum staff continue to work very hard on the Celebration of Flight. These groups are working in various locations and in association with NASA, the Civil Air Patrol, the Federal Aviation Administration, the Hot Air Balloon Association, and the Army, Navy, and Air Force.
Celebration of Flight events
- Fayetteville, North Carolina — approximately mid-May; will last roughly 10 days. I encourage you to attend if possible.
- Nags Head, North Carolina — December; please give consideration to attending.
I feel AMA is going to get some great publicity out of these celebrations and if you are called upon to assist in any way, please do so.
Museum exhibits
- A display depicting the history of the Wright brothers and the development of the airplane up through the 1905 Flyer.
- A mockup of the hip cradle that controlled wing warping that you can actually lie in. A small model will be directly in front of you, and as you operate the controls you will be able to see the effect of your actions on the model.
At times there are so many different things to handle that I have a problem remembering where things are. Here is a good excuse for me — maybe it will work for you: things are not really lost, they are just not where they are supposed to be.
Until later ...
Transcribed from original scans by AI. Minor OCR errors may remain.
