Word: 7s
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...trade-in allowance. Boeing has agreed to take back 14 propeller-driven Stratocruisers when it delivers its 707s to British Overseas Airways Corp., has offered to give trade-in allowances on nine more 707s to Northwest Airlines. Douglas is negotiating with United Air Lines to take in some DC-7s as a down payment on 30 DC-8s; Lockheed is dickering in the same way to sell its turboprop Electras. All told, U.S. airlines have ordered 257 jets and 172 turboprops. When these come into service, their extra speed and capacity will send about 700 piston aircraft onto the used...
...could often be sold for more than they cost; ancient DC-3s were bringing $140,000 v. an original cost of $85,000. But with turboprops and jets on the way, airlines lost interest in slower aircraft, and prices tumbled 40% to 60%. American Airlines, which has four DC-7s currently for sale and may have up to 25 more by July 1959, is asking $1,200,000 for an aircraft that cost $2,000,000 new. A DC-6B that cost $1,300,000 might have a trade-in value of $750,000, but would fetch far less...
...possibility considered by planemakers: subsidiaries that would sell, lease and re-equip the planes. Some foreign lines that have ordered jets as a matter of prestige may find themselves too short of dollars, may have to settle for DC-7s and Constellations...
...demands have brought on a war between two unions, the Air Line Pilots Assn. (A.L.P.A.), which negotiates for the nation's 15,000 airline pilots, and the Flight Engineers' International Assn.. which speaks for 3,500 U.S. mechanic-engineers now working on big DC-7s and Super Constellations. In the pilots' attempt to oust the engineers, says Western Air Lines President Terrell C. Drinkwater. "we were selected as a guinea pig for the entire industry...
Capital likes the Viscount as an aircraft, and its estimates of operating costs proved out almost to the penny. The trouble is its size. The Viscount's 44-seat capacity puts it at a disadvantage against 60-to 90-passenger Douglas DC-7s and Lockheed Super Constellations on highly traveled routes. Moreover, when Capital switched to Viscounts, it was unable to sell its aging fleet of DC-4s and early-model Constellations. Capital still flies the old planes, estimates that its inability to sell them cost about $1,000,000 last year, just about the extent of its deficit...