Word: beech
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SMALL-PLANE BOOM will lift industry to peak profits this year. In first quarter, Cessna Aircraft enjoyed most prosperous period in 31-year history, saw after-tax earnings jump 86% over a year ago to $1,586,000. Beech Aircraft's earnings climbed to $907,500 from $756,000 in last year's first quarter...
Hunting for the war, newsmen dashed over the jungled distances in sometimes-scheduled airliners, river boats, buses and ancient taxis. When they did find something to write about, they had the problem of getting it to Singapore. The Chicago Daily News's Keyes Beech finally had to send one dispatch by ship, a two-day trip. Luckier newsmen used the rebels' clandestine radio transmitter in Padang, sent out hand-tapped signals that were monitored by the news agencies in Singapore, 300 miles away...
...Beech Travel Air, a brand-new twin-engined monoplane that Beech hopes will plug the gap between its single-engined Bonanza and its high-priced Twin-Bonanza. Cruising speed: 200 m.p.h. over a 1,000-mile range. Price: around...
...Beech MS-760, a sleek four-place, twin-jet transport that Beech is importing from France's Morane-Saulnier to try out the executive jet market. Cruising speed: 350 m.p.h. over a 1,000-mile range. Price...
...While Beech still sticks to relatively high-priced planes, Cessna is moving all around, adding new planes to complement its five single-engined models ($9,000 to $16,850) and its twin-engined Model 310 ($60,000). In the future Cessna hopes to shine even brighter. One important project is Cessna's YH-41 light helicopter, now undergoing tests for the U.S. Army; eventually Cessna hopes to develop a vast commercial market. A second is jets. Last week Cessna landed another $10 million Air Force order for its 400-m.p.h. twin-jet T-37 trainer, booking production solidly...