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PRIVATE-PLANE MAKERS could well be devastated. Aerospace-dependent Wichita, Kans., three years ago competed with Seattle for the nation's highest unemployment rate (12%), but it struggled back to prosperity because of aggressive development of executive aircraft by Cessna, Beech and Gates Learjet. They make six out of every ten light planes sold in the U.S. President Nixon, however, has now ordered a whopping 42% cut in fuel for business aircraft, a move that has hit Wichita with all the impact of an antipersonnel bomb...

Author: /time Magazine | Title: INDUSTRY: The Shortage's Losers and Winners | 12/10/1973 | See Source »

...more fainthearted French employ the services of airborne passeurs (roughly, smugglers), who take 1% of the money transmitted as a fee. Several times a week, for example, a single-engine Cessna from a field in Switzerland lands on a French meadow where cows are peaceably grazing. Awaiting it is a Frenchman, who gives the pilot a suitcase loaded with gold or cash. The plane returns to Switzerland; at the same time, the Frenchman proceeds to Switzerland with a few hundred francs in his pocket for the satisfaction of customs inspectors. Once across the border, he recovers his money from...

Author: /time Magazine | Title: FRANCE: Fugitive Francs | 2/19/1973 | See Source »

...biggest seller in the small-jet market is Cessna's Citation, a $725,000 twin fanjet eight-seater (including that of the pilot) with an average range of 1,230 miles; it was brought out early last year. In December Cessna delivered ten Citations, bringing last year's total sales to 52, and company officials expect to sell double that number of planes this year...

Author: /time Magazine | Title: Business: Private-Jet Surge | 1/22/1973 | See Source »

...twin-engine Cessna 310 carrying House Majority Leader Hale Boggs, 58, vanished in Alaska three weeks ago somewhere between Anchorage and Juneau. Since then, military and civilian planes have spent more than 2,700 hours scanning the chilly waters of Prince William Sound or swinging northeastward through the rugged elevations of the Chugach and Talkeeta mountains. As of last week, hope was all but gone for Boggs, Alaska Democratic Congressman Nick Begich and two other men aboard...

Author: /time Magazine | Title: The Nation: Vanished but Re-Elected | 11/13/1972 | See Source »

When the twin-engine Cessna 310 disappeared somewhere between Juneau and Anchorage last week, it set off one of the most extensive aerial searches in Alaska's history. More than 70 airplanes and a sophisticated SR-71, the Air Force's highly developed reconnaissance plane, combed the majestically mountainous area and scanned the waters of Prince William Sound seeking traces of the six-passenger craft. The principal object of the search was House Majority Leader Hale Boggs, 58, who was in Alaska campaigning for Congressman Nick Begich. With Boggs and Begich in the plane were Begich...

Author: /time Magazine | Title: The Nation: Lost Horizon | 10/30/1972 | See Source »

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