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...Aerial Taxis. Flying a fleet of 36 planes, mostly new Super Constellations, to 80 cities in 27 lands, Qantas is one of the few government-owned lines that is run like a private business, has never failed to turn a tidy profit. Qantas could hardly fail, since Australia is isolated from the rest of the world and planes are the only means of swift travel. This year it expects to gross at least $70 million, with a net profit of $2,000,000, both up close to 40% since...

Author: /time Magazine | Title: Business: The Flying Kangaroo | 6/9/1958 | See Source »

Starting in 1920 as an aerial taxi service for ranchers deep in Australia's barren, blazing outback, Qantas built up a flying-doctor service, hauled emergency well parts, food and anything else settlers wanted. By the 1930s, Qantas had expanded, flying 14-passenger flying boats on a thrice-weekly service to London. But it was only after World War II, in which Qantas' Catalinas did everything from evacuating 24,000 wounded to dropping supplies to besieged Aussie troops, that the line joined the international big league...

Author: /time Magazine | Title: Business: The Flying Kangaroo | 6/9/1958 | See Source »

Streaking over California's Mojave Desert at an altitude of 40,000 ft. one day last week, burly Air Force Captain Walter Wayne Irwin, 34, opened his throttle, steadied his F-104A single-jet Lockheed Starfighter on course and handily broke the world's official aerial speed record by nearly 200 m.p.h.' Previous official record, flown last December over the same measured course by an Air Force F-104A McDonnell Voodoo: 1,207.6 m.p.h. Official time for Irwin's operational Starfighter,* figured by averaging one pass with the wind and one against it: 1,404.19 m.p.h...

Author: /time Magazine | Title: ARMED FORCES: Whoosh II | 5/26/1958 | See Source »

...Russia to withdraw its U.N. charge that U.S. bomber flights were a "threat to peace." Now, accenting the positive, Henry Cabot Lodge went before the U.N. Security Council with a proposal to open the top of the world above the Arctic Circle to international inspection to guard against surprise aerial or missile attack. There were no strings attached. Here was an imaginative proposal, to make a start somewhere, and in an area not complicated by populations and boundaries, to break the cold...

Author: /time Magazine | Title: UNITED NATIONS: The Wayward Bus | 5/12/1958 | See Source »

...serves Scotch highballs on the house. Last week, grimly preparing to meet the competition, Panagra got set to introduce an excursion fare of its own that will undercut I.A.T.A. rates by 30%.* On the Cheap. Latin American airlines make rate-cutting work by an assortment of economies. Many fly aerial jitneys, such as war-surplus C-46s converted from U.S. Air Force freighters into lumbering passenger planes. Chile's thriving Cinta line paints its four-engined airliners Panagra yellow and green, and calls one flight El Latinamericano in cousinly association to Panagra's crack El Inter Americano...

Author: /time Magazine | Title: TRANSPORT: Aerial Battle | 5/5/1958 | See Source »

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