Word: 737s
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Dates: during 1960-1969
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Reason: to finance purchase of three Boeing 737s. Smoothing the way was the Civil Aeronautics Board, which hopes that the venture will offer better service to the 49th state, as well as can cel the need by the two lines for sub sidies that last year amounted...
...Giles is dramatized all the more by the troubles that are bedeviling its sister airline, BEA. Saddled with an aging fleet and unprofitable domestic routes, BEA received an added setback last year when the government turned down its request to buy $224 million worth of Boeing 727s and 737s. Instead, it has ordered 18 made-in-Britain BAG OneElevens. For the year ending March 31, BEA is expected to show a profit of only...
...jumbo jet (up to 490 passengers) that will go into service in late 1969. The government gave BOAC a go-ahead. Already under fire because its British-made equipment has developed maintenance bugs, BEA asked that it be allowed to buy $224 million worth of Boeing 727s and 737s, both relatively short-range but highly economical jets. BEA got turned down cold...
...three years. BOAC plans a staff reduction of 18% by 1967. KLM has not only cut back personnel but has also reduced its fleet from 85 planes to 40-and is doing more business than ever. Lufthansa is switching completely to Boeing planes, plans to add 21 short-haul 737s to its fleet of longer-range 707s and 727s. Reason: nearly 48% of the parts of the 737 are interchangeable with those of the 727, a fact that will produce major economies in maintenance costs...
...largest maker of commercial planes (recently wrested from Los Angeles' Douglas Aircraft), but also gained dramatically in its race to catch up with Douglas and British Aircraft Corp. in sales of short-range jets. United will acquire 130 Boeing planes in all: 70 twin-jet short-range 737s, 30 medium-range tri-jet 727s and 30 "quick-change" 727s with interiors that can be converted from passenger to cargo fittings in 20 minutes. The new 727s will enable the airline to squeeze an anticipated 31 hours more of daily use from each plane by converting it to haul freight...