Word: 10s
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Dates: during 1960-1969
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...Corp. While those two lines were awarded the profitable high-density routes, Eagle got hand-me-downs; it was authorized to fly to such secondary tourist centers as Rimini and Gerona. The government really plucked Eagle's feathers when it decided to ferry troops overseas aboard R.A.F. VC-10s instead of Eagle planes. Finally, when BOAC complained that Eagle was trying to turn a low-rate, special-tour authorization to the Caribbean into a regular run, the licensing board revoked Eagle's authorization to fly there. It thereby wiped away $5,000,000 in annual revenues...
...Chicago press conference last week and an nounced that "It is official now. We are going to produce the DC-10." Lewis' happy assurance was based on some of the best news his company had heard in months: United Air Lines had decided to buy 30 DC-10s at a total price of $465 million, and had taken options to buy 30 more of the huge three-engine planes. The order put McDonnell Douglas back into the thick of the fight for the international airbus market which is expected to reach at least 1,000 aircraft worth $15 billion...
Almost Out. Until last week, McDonnell Douglas was almost out of the running. Last February, the newly merged company got off to a fast start with an order from American Airlines of 50 subsonic DC-10s capable of carrying up to 343 passengers. But after that, competing Lockheed Aircraft got all the business with its L-1011. Lockheed signed up TWA, Eastern, Delta, Northeast, and a British airplane sales company for a total of 172 planes. McDonnell Douglas, which will not break even until it sells around 100 airbuses, grimly admitted that unless other orders came in, the program would...
Price also seemed to be the key reason behind the choice of engines for United's DC-10s. All the planes to be built by Lockheed will be powered by British Rolls-Royce turbines. United, however, opted for General Electric's CF6/36 turbofan at slightly over $2 million per plane, putting the U.S. enginemaker a bit below Rolls. It is a price that may well move American to choose G.E. engines...
...years, E.A.A. has compiled an estimable safety record, survived the turbulence of independence from Britain, built up a jet-age fleet that includes three Super VC-10s and three Comet 4s. Grandly declaring itself "the fastest-growing airline in black Africa," it has more than doubled revenues from 1962 to last year's record $36.4 million. And few airlines can claim anything like its earnings record. For each of the past 14 years, E.A.A. has had a comfortable profit; last year it cleared an estimated...