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...Slim") Carmichael, 47, flew back to the U.S. with the news that he was buying a whole fleet of British turboprop transports, expects to start operating them by next April. He bought three Vickers Viscounts, has an option on 37 more, to replace most of his Constellations, DC-3s and DC-4s. Total price: $45 million...
Carmichael found it easy to finance the deal through Vickers since the British are eager to break into the U.S. market. By 1957 Viscounts should completely retire Capital's Constellations and a good part of its fleet of DC-3s and DC-4s. One big advantage: the Viscount can operate from all but three of the 51 fields on Capital's routes, whereas Capital's Constellations cannot operate from 15, and its DC-4s cannot operate from ten. Says Slim Carmichael: "This plane puts us close to the airline operator's ideal. . . . to serve the entire...
Ever since ex-Air Force Major William F. Long founded Dallas' Pioneer Airlines in 1946, the busy, ambitious feeder line has grown like a Texas steer. Starting with six surplus Douglas DC-3s, Pioneer began by shuttling oilmen from west Texas oilfields to Dallas and Houston, soon built its fleet up to 13 DC-3s and its route to 21 cities in Texas and New Mexico. In 1950, moneymaking Pioneer flew more passenger-miles (37 million) and carried more mail than any of the nation's 14 other local service lines...
Last year, bucking hard for trunk-line routes, Pioneer asked the Civil Aeronautics Board to let it expand to some 30 cities in five additional states. To prove it was ready, it sold its entire fleet of old DC-3s to the Air Force for a profit of $945,537, and bought nine faster (270 m.p.h.), roomier (36-passenger) Martin 2-0-2s. CAB warned Pioneer that the Martins were too hot for small airports to handle and far too expensive to operate. If Pioneer insisted on flying the 2-0-2s, it could expect no boost...
...week's end, Pioneer's dust storm had about blown itself out. It agreed to sell its 2-0-2s and buy back a fleet of DC-3s. Said President Smith: "There are some things you do because you want to, and other things you do because you have to. This comes in the latter category...