Vol. 1, No. 1 (Spring, 1960). About fine. 
Journal of The Society of World War I Aero Historians issued in Santa Ana & later in Manhattan Beach, California. This issue is a second printing from August, 1964. It contains "An Iterview with Charles R. D-Olive, formerly Lt. Charles R. D'Olive, 93rd Pursuit Squadron, U.S. Air Service," "With the 138th in France" by J. J. Smith, Member of the 138th Aero Squadron, 5th Pursuit Group, 1917-1919, "One of the 'Warbirds'" by 1st Lt. Donald S. Poler, No. 40 Squadron R.A.F., 25th Aero Schadron, U.S.A.S., "Letters from German Jagdstaffel Personnel of World War One" by W. R. Puglisi, etc.