Word: airbuses
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Dates: during 1970-1979
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...lags behind European consortiums in building two other types of aircraft that could well become workhorse transports by the latter half of the decade. One is a twin-engine wide-body jet for short-to medium-range hauls. The 300-passenger A-300B airbus, which is being built by a five-nation European consortium, will be the first such plane on the market; it is scheduled for commercial service next March. The other type is a STOL (for short takeoff and landing) plane for brief hops between urban airports. France's Dassault-Brequet Mercure craft should be providing STOL...
...filled. Thus the U.S. companies see no market for new planes any time soon, and they have not pushed development of the advanced designs that they do have. Boeing and McDonnell Douglas are participating in STOL development with foreign partners, and McDonnell Douglas has undertaken advance planning on an airbus that could be built from its DC-10 design, but it has held up on production. Says Vice President Jackson McGowen: "No American company has committed itself to the A-300B airbus [with which the McDonnell plane would compete] and even in Europe sales are going slowly. The airlines...
...which was saved from bankruptcy by a $250 million federal loan guarantee 14 months ago and is counting considerably on the TriStar for its future. The plane nosed out McDonnell Douglas's DC-10 and a short-range version of Boeing's 747 for the All Nippon airbus business. Beyond the prospect of additional sales of the 300-passenger planes to All Nippon, a big domestic carrier, the deal gives Lockheed its first firm commercial foothold in the Asian market. Says Lockheed President Carl Kotchian, who has been camping in Tokyo for four months: "We won this contract...
...Dollar Hoards. The Japanese originally planned to build their own huge jet airbus, but Japan's planemakers could not produce it as quickly as passengers need it. With domestic air runs already booked to overflowing, the government made a command decision to seek a foreign partner. A study mission headed by astute Hidemasa Kimura, an aeronautics professor, visited five manufacturers: The Netherlands' Fokker, British Aircraft Corp., Lockheed, McDonnell-Douglas and Boeing...
...terms have yet to be worked out, but it is likely that Boeing will sell or lease to the Japanese basic design-and-production technology either for a short-range version of its famed jumbo jet, with the working name of 747-SR, or for a completely new superjet airbus that could carry up to 300 passengers but operate out of relatively short runways. Presumably, the Japanese would put up a production line with Boeing's help, and some of the plane parts would be built in the U.S. Kimura said that the Japanese, who have huge dollar hoards...