Word: convairs
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Egged on by an enterprising photographer, a slim blonde airlines clerk walked hesitantly toward New York's Governor Nelson Rockefeller, holding up a small toy elephant for his autograph. In the midst of a smile and a wave as he left his Convair at Chicago's Midway Airport, Rocky suddenly froze when he saw her. Throwing up a defensive hand and moving away, he brusquely set the tone of an uncertain week: "I'd not like to stress anything political. I'm sorry...
...ORDERS worth $40 million were placed by Capital Airlines for seven Convair 880s and five Lockheed Electra turboprops, to begin service in mid-1960. To place orders, Capital arranged to stretch out payments of $37 million owed for its 57 Vickers Viscount turboprops...
...only 1,500 planes this year compared with 1,760 last year. Next year the cuts will be bigger. Of the fabled Century series of supersonic fighters, the fiscal 1960 budget allocates not a penny for North American's F-100 Super Sabre, McDonnell's F101 Voodoo, Convair's F-102, Lockheed's 1,400-m.p.h. F-104 Starfighter or Convair's F-106. Only one tactical plane is funded in the new budget: Republic's supersonic F-105 fighter-bomber...
...last week won FAA certification for its DC-8, which will be put in service this month by United and Delta airlines. Even though Douglas has 143 planes on order, it needs to turn out many more before it can make a profit on the liner. General Dynamics' Convair Division has spent $57 million to develop its long-range jet 600 and shorter-range 880. But so far it has orders for only 79 of the planes, needs triple that-or more-to turn a profit. Lockheed spent $50 million to develop its turboprop Electra, and has orders...
...business, an industry rumor prompted by a plan to transfer to Pan American six long-range Boeing jets (cost: $40 million). Thomas has found that one 707 will do the work of three piston planes (instead of two, as originally expected), is willing to sell to Capital Airlines six Convair 880 medium-range jets, on order for TWA. The sale would relieve TWA's eccentric owner, Howard Hughes, of a $21 million bill; he would still have to raise an estimated $200 million to pay for 37 jets still on order...