Vol. 1, No. 2 (Summer, 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 "A Brief History of the 27th Aero Squadron - First Pursuit Group - A.E.F.," comp. by H. Hugh Wynne, "The Real Italian Detatchment: Transcription of a Tape Recorded Interview with Brigadier General Claude E. Duncan, U.S.A.F. (Retired), "German Medals of World War One" by N. H. Hauprich, etc.