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...TRANSPORT RACE is spreading fast among foreign airlines. Holland's K.L.M., first foreign line to sign up, has ordered eight Douglas DC-8s, worth $50 million (total Douglas orders so far: 61 planes v. 50 Boeing 707s), for delivery starting in March 1960. Scandinavian Airlines will soon order from six to ten jets, while Air France, Japan Air Lines and Swissair are all negotiating with Douglas or Boeing...
American Airlines, biggest U.S. domestic line, last week signed up in the jet race. It ordered 30 Boeing 707s costing $135 million. National Airlines (New York to Miami) also committed itself to buy jets. It ordered six DC-8s from Douglas for $36 million. American will start receiving its 575-m.p.h. (up to 125 passenger) planes in March 1959, two months before any other domestic line gets any jets, and plans to be the first to put them into operation between New York and Los Angeles. Target date: June15...
...raising the cash to pay for them. American will borrow $75 million from Metropolitan Life Insurance toward 20 jet transports. Eastern will get a $90 million loan from Equitable Life Assurance, plans to spend $40 million for jets. Neither airline has yet decided between Boeing 707s and Douglas DC-8s...
...more room for improvement, the same big stretch that permitted Douglas to beef up its DC-4 into the DC-6 and DC-7. Even so, the first models will have plenty of speed for U.S. air travelers. Carrying 112 to 140 passengers United's swept-wing DC-8s will cross the U.S. nonstop at altitudes of 30,000 to 40,000 ft., speeds of 550 to 575 m.p.h. Los Angeles to New York will take only 4 hrs. 30 min., Chicago to New York...
With his order, United's President William A. Patterson sewed up first place in the delivery line over his domestic competitors. He is scheduled to get his first DC-8 in May, 1959, have it in service that November. Thus, United should have DC-8s in the air even before Pan American, which will have to wait until December 1959 for its first plane. The delay is caused by the engines. United's jet liners will have Pratt & Whitney J57 engines (more than 10,000 Ibs. thrust), already in military production. Pan American's planes, which need...