Word: airpockets
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...especially helped by his flight, rose to spectacular heights on predictions of tremendous profits. Fulfilling these prophecies, earnings for 1928 were $2,400,000 against $900,000 in 1927. Last week, Wright, now 90%-owned by Curtiss-Wright, published its report for 1929. Its earnings had tumbled into an airpocket as great as the one which engulfed all aviation securities, for instead of the $5,000,000 that had once been hoped for, the report again showed a measly $900,000. Last month the Wright dividend had to be passed...
...wing fell off and the great machine hurtled, dead weight, to the ground, half burying itself. The corpses were mangled almost beyond recognition. All, save Seiler, were instantly killed, the mechanic merely showing bare signs of life and passing away without regaining consciousness. The accident was ascribed to an airpocket dashing the ma-chine to the ground, a hardly feasible premise; another guess was that the pilot had died suddenly of heart disease. A rumor of political assassination was dismissed...
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