Word: aircrafters
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Dates: during 1930-1939
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Reader Schrankel, accustomed to the ordinary type of aircraft engine in which the propeller shaft is also the crankshaft, has not realized that in the Hispano-Suiza moteur canon the crankshaft drives through gears an entirely separate propeller shaft. This straight shaft is hollow. The superiority of the new moteur canon lies precisely in that it does not have to be "synchronized" to fire between the spinning propeller blades, as in the old-fashioned arrangement with which Reader Schrankel is familiar, but sends a stream of shells straight out through the hollow axis of the propeller...
...peculiarly up & down profession of aviation, Boeing Aircraft Co. has had a particularly up & down career. Created by accident after a crash, it has climbed to some of the greatest heights, endured some of the dizziest falls of any concern in the business. Last week, true to form, after a long anxious glide Boeing was once more roaring upward with new gallons in the gas tank and prosperity at the joystick...
...suicidally low bid for the first Chicago-San Francisco air mail contract. Starting at scratch, he managed to get his planes in the air on time, made money, thus started what is now United Air Lines. This led to the formation of the first U. S. aviation trust-United Aircraft & Transport Corp.-which at once became the greatest power in the U. S. heavens. Meanwhile the Boeing plant continued to turn out top-notch planes, of which the finest was the famed 247-D-first twin-motored, low-wing, high-speed transport. Introduced in 1933, this ship outmoded the lumbering...
Then disaster struck. United Aircraft & Transport, one of the chief butts of the celebrated Roosevelt-Farley air mail crackdown, was forced to split up. Bitterly attacked in Senate hearings after he displayed paper profits of $51,000,000 from an original investment of $487,119, Founder Bill Boeing was forced out of his job as chairman of United, did not return to the Boeing factory. At present he is a partner in the potent New York Stock Exchange firm of E. A. Pierce & Co. To succeed him in Boeing, the stockholders, no one of whom now owns more than...
...over. Following the 247-D came the slick Douglas DC-1, 2 and 3 which immediately became the darlings of most major U. S. airlines. Even United "went Douglas" eventually. But undaunted Claire Egtvedt kept plugging at the military contracts Boeing and its Kansas subsidiary, Stearman Aircraft Co., have never lacked. An engineer pure and simple, President Egtvedt kept Boeing plants small, while others, like Douglas, were overexpanding. He devoted all Boeing's energies to creating a magnificent new bomber - the great 299, now called YB-17. This four-motored monoplane is the most potent aerial fighting machine...