Word: cessna
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...private-plane boom has helped keep the unemployment rate in Kansas, where Cessna (1975 sales: $491 million) is the biggest private employer, to 4.5%. In Wichita, the home of Beech and Gates Learjet as well as Cessna, the rate is lower still; in fact, Learjet, unable to find enough qualified Wichitans to run its production lines, will open a factory in Tucson this year. Says Cessna Chairman Russell Meyer: "We have kept pinching ourselves-at first it was hard to believe...
Costs Outweighed. Not too hard to explain, however. Three-quarters of all flying time logged by small aircraft is accounted for by business travelers, and corporations buy the lion's share of the most popular planes in each of the industry's principal categories: the Cessna 172 Skyhawk single-engine (1976 price: $20,750), the Piper Seneca twin-engine ($75,100) and the Cessna Citation jet ($845,000). Though the operating costs of small planes are high, many corporations justify the craft as necessities. High fuel and labor costs have compelled airlines to cut back on both flights...
...other a United Air Lines jet, passed within 300 ft. of each other as both were heading for Chicago's O'Hare International Airport. There were other close calls in the Chicago area that day. Shortly before the two big jets avoided disaster, a twin-engine Cessna en route to a small field north of O'Hare crossed in front of a North Central Airways turboprop. Later, a privately owned Jet Commander descended through the path of another TWA aircraft...
Compared with those of, say United, the friendly skies of North Carolina-based Wheeler Airlines do not seem to amount to much. The line's fleet consists of three red, white and blue eight-passenger Cessna 402s. Its route map includes such eastern North Carolina points as Elizabeth City and Morehead City, small towns that were abandoned some time ago by larger carriers. But tiny Wheeler can claim at least two distinctions. Its president, principal stockholder and part-time pilot, Warren Wheeler, 31, has a unique way of keeping up with the competition: besides being the boss of Wheeler...
Died. Lloyd Stearman, 76, pioneering U.S. aircraft designer; of cancer; in Northridge, Calif. A Navy pilot during World War I, Stearman teamed up with two other air-struck Kansans, Walter Beech and Clyde Cessna, to build a generation of simple biplanes that became the Model Ts of the barnstorming 1920s. Though he founded his own aircraft firm and briefly ran Lockheed Aircraft Corp., his heart belonged to the drawing board; there he conceived such notable planes as the PT-17, the agile, open-cockpit trainer, known to thousands of World War II pilots as "the Yellow Peril," and continued...