Word: convairs
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First to be bounced in were Vice President-elect Johnson and Lady Bird in their private Convair. Typically, some body fouled up the schedule, and LBJ had to wait for 30 minutes in his plane before the welcoming committee arrived. And then there was added bustle: Lady Bird had not been expected (there are only six bedrooms in the Kennedy house, and present or invited - besides Jack - were Jackie, the new baby, Daughter Caroline, and Joe and Rose Kennedy). Next, gruff old Sam Rayburn, the "Speakah," as the Kennedys called him, flew in from Bonham, Texas in the Kennedy family...
...West Germany, a day after the New York disaster, a U.S. Air Force Convair, carrying 13 holiday-bound University of Maryland students and a crew of seven, crashed in downtown Munich shortly after takeoff, heeled sharply into a two-section trolley car jammed with Christmas shoppers, and exploded into a fiery pyre. All aboard the plane and at least 60 Germans were killed...
...Thomas G. Lanphier Jr., 45, onetime vice president of General Dynamics' Convair Division, was named president of Fairbanks, Morse & Co., a subsidiary of the Fairbanks Whitney Corp. A World War II fighter pilot (his bag: 15 Japanese aircraft, including one bearing Admiral Isoroku Yamamoto), Lanphier joined Convair in 1954, became key man in long-range planning for Convair's Atlas missile program. But his blunt criticism of the Administration's defense effort and sharp attacks on rival missilemakers provoked General Dynamics Chairman Frank Pace to ease him out. On his own, Lanphier stumped the country, pleading...
LAWSUIT THREAT against TWA finally forced Howard Hughes to turn over control, of his 78% of TWA stock to a banking and insurance-company trust. In return, he got loans totaling $165 million to pay for 20 Convair 880 jets. TWA will raise an additional $100 million through a public issue to buy 17 Boeing 707 jets now leased from the Hughes Tool...
...happier about the arrangement than General Dynamics' Convair division. For weeks some 14 new Convair 880 jets ordered by Hughes have been parked on the Convair ramp at San Diego's Lindbergh Field, ready for delivery to TWA whenever Hughes paid the $45 million owed on them. All told, Hughes had ordered $126 million worth of jets from Convair, made a $26 million deposit...