| 0 | Gangway, Panzers! | cover | 1 | pencils: Gene Fawcette, Dan Zolnerowich; inks: Gene Fawcette, Dan Zolnerowich | 'Suicide' Smith |
| 1 | Wings' Air Mail | letters page | 0.5 | letters: typeset | |
| 2 | - | comic story | 8 | pencils: Dan Zolnerowich; inks: Dan Zolnerowich | Red O'Neil (introduction); The Camera Killer [Luke Krag] (villain, introduction, death) |
| 3 | - | comic story | 6 | script: F. E. Lincoln; pencils: Al Gabriele; inks: Al Gabriele | Captain Smythe (introduction); Lord Winthrop (introduction); Dr. Phil Kent (introduction) |
| 4 | Gangway, Panzers! | comic story | 8 | script: A. E. Carruthers; pencils: Joe Doolin; inks: Joe Doolin | Kauro (intro); MacKenzie (intro); Mike Dorgan; Schlam (villain, intro) |
| 5 | The Quislings' Death List | comic story | 6 | pencils: Leonard Frank; inks: Leonard Frank | Raoul (intro); French Quislings (intro); the Nazis |
| 6 | - | comic story | 7 | script: Ace Atkins; pencils: Arthur F. Peddy; inks: Arthur F. Peddy | Ahmed Pasha (intro); Saida Ahmed (his daughter) |
| 7 | Flash! Two of the latest American dive bombers | illustration | 1 | pencils: Gene Fawcette; inks: Gene Fawcette | |
| 8 | - | comic story | 8 | script: Cliff Dubois; pencils: Frank Schwarz | Dr. Howard (villain, intro) |
| 9 | Shark of the Japan Sea | text story | 1.67 | script: ? [as Gordon Wayne]; letters: typeset | John Perry |
| 10 | - | statement of ownership | 0.33 | script: T. T. Scott | |
| 11 | - | comic story | 6 | pencils: George Carl Wilhelms; inks: George Wilhelms | Von Orst (villain, intro) |
| 12 | Skyway to Death | comic story | 6 | pencils: Pagsilang Isip; inks: Pagsilang Isip | |
| 13 | - | comic story | 6 | pencils: Al Walker; inks: Al Walker | Von Snort (villain, intro) |