Morten S. Beyer (1921-2010) was one of the first aviation consultants and the author of articles and newsletters analyzing the economic trends of aviation. After graduating with a Bachelor of Arts from Swarthmore College in 1943, Beyer started his aviation career at Pan American Airways (PAA), where he established and directed the first centralized scheduling and operations control office. He left PAA in 1948 to work for Capital Airlines, Inc., where he was the assistant to the Senior Vice President of Operations and Maintenance. In 1960, Beyer went to work at Riddle Airlines, Inc., as Senior Vice President, Operations and Sales, of Riddle's overall activities. From 1964 to 1967, Beyer was employed by Trans World Airlines, Inc. (TWA), where he was appointed the System General Manager and Deputy Director General for Saudi Arabian Airlines, responsible for the performance of TWA's contract with Saudi Arabian Airlines. From 1967-1971, Beyer was the President of Modern Air Transport, a charter airline, and in 1971 he become the President of Capitol Airlines where he remained until 1972 when he bought the stock of bankrupt Universal Airlines. He attempted to refinance the airline into a new company, Phoenix Airlines, but due to the nation's fuel crisis sparked by the Arab oil embargo, he failed to accomplish this and accepted the presidency of Johnson International Airlines in 1973.
In 1974, Beyer established AVMARK, an aviation international consulting company. As a regular feature he established one of the first aviation newsletters. He also published a book of Transport Aircraft Values (TAV), which forecasted aircraft values twenty years in to the future, using a formula that accounted for inflation, fuel price fluctuations and labor cost variables. This formula became a standard for aircraft appraisals and made Beyer a trusted appraiser and marketing expert. Beyer testified before Congress twice and was a guest-expert on many television news programs. In 1993, Beyer sold AVMARK and founded Morten Beyer and Associates, later Morten Beyer and Agnew, which continued aviation consulting in France and Japan. Beyer retired in 2003.
The following timeline covers key events in Morten Beyer's life as well as world events. Events involving Mr. Beyer are shown in normal type world events are shown in italics.
Timeline of Morten S. Beyer
Graduates from Swathmore College
Employed by Pan American Airlines
Atom bombs dropped on Hiroshima and Nagasaki; Japan surrenders and World War II ends
Orville Wright dies at age 76
Berlin Airlift begins operation
Employed as Assistant to the Senior Vice President of Operations and Maintenance at Capital Airlines
Employed as Senior Vice President, Operations and Sales, Riddle Airlines
Employed as System General Manager and Deputy Director General for Saudi Arabian Airlines for TransWorld Airlines (TWA)
Employed as President of Modern Air Transport
Employed as President of Capitol Airlines
Buys stock in the defunct Universal Airlines
Creates Phoenix Airlines to take over Universal Operations
Employed as President of Johnson International
Owns and operates Avmark, Inc.
Owns and operates Morten Beyer and Associates
October 21, 2010
Dies of pneumonia at Sibley Memorial Hospital in Washington, DC.