Word: 747s
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BOAC wanted to commit $154 million toward the purchase of six Boeing 747s, the 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...
...Clipper to the immensely successful 707 and 727. Now, Boeing simply redesigned its rejected military transport jet to meet Trippe's commercial needs. Last week Trippe signed a $525 million contract-biggest single order in the history of commercial aviation-to buy 25 of Boeing's new 747s...