Word: convairs
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...production, but stuck mainly to planes. In 1950 the industry grossed $104,500,000; by 1960 the figure was up to $1,082,000,000. Then came the nosedive. The Air Force stopped buying the F-102 and F106 delta-winged fighters, made at the city's huge Convair plant. Convair was also hurt badly when its 880 and 990 jet airliners had poor sales records. Last year the city's aircraft industry took in a bare $215 million on planes and missiles...
...satisfied with last week's action. Northeast's massive losses can be applied as tax credits to the handsome profits earned by Hughes Tool, and the aviation industry is betting that Hughes will yet find a way to pass off on Northeast the four idle Convair 880 jetliners still owned by the tool company. More important, Hughes obviously hopes to use Northeast as a weapon in his fight to regain control of the TWA shares (78.29; of the line's outstanding stock) that edgy creditors forced him to put into a voting trust two years...
Like Kennedy, he has his own private airplane (a Convair) for campaigning. He has homes in Manhattan (his ex-wife has taken over their Fifth Avenue apartment, and he now shares the penthouse apartment of Brother Laurance), in Washington, in Maine, in Venezuela and near Tarry town, N.Y., where his family estate at Pocantico Hills spreads over 3,000 acres...
Waiting at Washington's National Airport to greet his wife after her three-week visit to Europe, India and Pakistan was President Kennedy. As the beige and white family Convair, Caroline, wheeled around to a stop in front of the terminal, Kennedy walked up the aluminum ladder into the cabin. Moments later, Jack and Jackie emerged, smiling happily. Said Jackie, in a statement released later by Assistant White House Press Secretary Andrew Hatcher: "I have missed my family and have no desire to be a public personality on my own. If people were kind to me, it was because...
...stemmed largely from the company's ill-fated invasion of the commercial jet transport market with its Convair 880 and 990-a venture that has involved G.D. in the biggest single product loss ($470 million) in U.S. corporate history...