Word: aero
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...commitment to order 30 Lockheed TriStars (with options for 20 more). Since the TriStar was the one plane that could use Rolls-Royce RB-211 engines-and therefore the plane on which the Tory government's efforts to bail out bankrupt Rolls-Royce's aero-engine program depended-it seems unlikely that Lockheed would have to bribe government officials into backing the purchases. A Labor M.P. called for a parliamentary investigation, but no one else took up the issue...
...Queen of the Night, arrives in a cloud of darkness and swirling smoke, surrounded by a small zoo of reptiles and other phantasmagoric creatures played by dancers. The staging of the final battle between the Christians and the Saracens is a novel affair that can only be called aero-choreography: dancers and acrobats pirouette, somersault, tumble and flip high above the stage in stylized but effective combat. All the while, Home, as Rinaldo, looks on from atop a grim, menacing war machine. It is a memorable image...
Much of the credit goes to Managing Director David Plastow, 42, who was named head of the new management group that launched the motor division as an independent firm after its aero-engineering parent went under. Plastow says that the breakup of the old company was the best thing that ever happened to its motorcar division because "too many workaday decisions - including every aspect of pricing - had to be referred to the old company...
...Rolls-Royce company went bust in 1971, overwhelmed by the cost of producing advanced jet engines for American planes; its aero-engine division was nationalized by the Crown and a new operation, Rolls-Royce Motors, was created to continue making cars, diesel engines and turbine parts. The motor business has done well; it posted nearly $10 million in pre-tax profits last year on sales of $110 million. So Receiver Edward Rupert Nicholson had planned to sell shares in it to the British public and use the proceeds to settle bills run up by the aero-engine operation...
...over the same period in 1970. But Boeing's new outlook may well provide a striking glimpse into the future. As the troubled aerospace giants find themselves forced to diversify, some of them could move into radically new areas. Says Boeing's Glenn L. Keister, head of aero space research and development: "We are going to respond to social needs. If we do not, we will be a limited company...