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South Florida's Everglades Jetport is a fancy name for a concrete runway in the middle of nowhere. For the past few weeks 70 Eastern Air Lines pilots have been shooting practice landings there to familiarize themselves with the A300 Airbus, a twin-engine, European-made wide-bodied jet. Eastern plans to introduce four of the 229-passenger, 600 m.p.h. planes for a six-month trial on its prime New York-Florida routes in time for the Christmas rush. If all goes well, says President Frank Borman, Eastern may buy as many as 50 Airbuses at $25 million each...

Author: /time Magazine | Title: Business: Now, the Poor Man's Jumbo Jet | 10/17/1977 | See Source »

DIED. William M. Magruder, 54, crew-cut former test pilot who headed the federal su personic transport program; of a heart attack; in Winston-Salem, N.C. Magruder was a test pilot for the B-52 bomber and played a major role in developing the L-1011 airbus. Although he argued forcefully for the SST, the program was defeated in 1971, and he became a special technology consultant to President Nixon, spurring increased Government fund- ing for mass transit, energy research and highway safety projects. In 1973 Magruder resigned to become executive vice president of Piedmont Aviation...

Author: /time Magazine | Title: Milestones, Sep. 26, 1977 | 9/26/1977 | See Source »

...Last year all three had comparable sales: $3.2 billion for Lockheed, $3.5 billion for McDonnell Douglas and $3.9 billion for Boeing. But while McDonnell Douglas earned a profit of $109 million and Boeing $103 million, Lockheed netted only $39 million. Reason: an operating loss of $125 million on the airbus. The news this year is no better. In the first six months, Lockheed's profits rose to $25.5 million, from $22.2 million a year earlier, but they would have been three times as large without a $52.7 million TriStar write-off. Lockheed's share of the commercial...

Author: /time Magazine | Title: Business: Lockheed's Great Dilemma | 8/22/1977 | See Source »

...escaped. Wilfried Böse, a long time member, took part last year in the hijacking of the Air France Airbus to Entebbe. When a Jewish hostage who had survived a concentration camp showed Bose his inmate registration number tattooed on his arm, Bose was indignant. I'm no Nazi!" he protested...

Author: /time Magazine | Title: Books: Like Father | 8/8/1977 | See Source »

Died. Sergei Ilyushin, 82, Soviet aeronautics genius who designed more than 50 different airplanes, including the new IL-86 airbus soon to be put into service; in Moscow. Ilyushin's heavily armored low-flying tank buster called the Stormovik destroyed so many Nazi tanks in World War II that the Germans dubbed it "the flying death...

Author: /time Magazine | Title: Milestones, Feb. 21, 1977 | 2/21/1977 | See Source »

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