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...encouraged the firm to build the four-motored, long-range DC-6s, boldly ordered a fleet of 125 DC-6s and shortrange, two-engined Consolidated Vultee CV-240s. As usual, he showed himself a master at timing and bargaining. So eager was Consolidated (now Convair) for orders to relieve its postwar slump that he got the 240s for the rock-bottom price of $225,000 each; even now, American is selling them for nearly what it paid...

Author: /time Magazine | Title: AVIATION: Jets Across the U.S. | 11/17/1958 | See Source »

...biggest sum of any airline, become the first to shift its line completely to jets. American has ordered $365 million worth of new planes to be delivered by 1962: 25 Boeing 707s for long-distance flights, 25 shorter-range Boeings, 35 Lockheed Electra turboprops for short hops, and 25 Convair 600s, which, if the plane lives up to its billing, will be the world's fastest commercial jet (635 m.p.h...

Author: /time Magazine | Title: AVIATION: Jets Across the U.S. | 11/17/1958 | See Source »

...businessmen left in America," says Convair President Jack Naish, "with whom you can close a $100 million deal on his word alone." After Smith decided to order the Convair 600 jet, he called on Naish, chatted briefly about fishing and baseball, then suddenly blurted: "Hey, my guys tell me this 600 is a pretty good airplane." Naish agreed. Said Smith: "We want 25. How much will it be?" Naish told him $100 million. "O.K.," said C. R.-and walked...

Author: /time Magazine | Title: AVIATION: Jets Across the U.S. | 11/17/1958 | See Source »

...island's murky flash fogs, rolling in from the sea with bewildering speed. Burnham, using Nantucket's Visual Omni Range beam, prepared for an instrument approach. But the fog thickened until even VOR was ineffectual. With its field socked in, Nantucket tried to warn the Convair by voice radio-and could not reach it. Flight 258 came in for its landing, flying low over scrub pines. It plowed into the ground 600 feet to the left of the runway. Dead when the wreckage was cleared were 23 of the 34 people aboard, including onetime (1950-53) Atomic Energy...

Author: /time Magazine | Title: AIR AGE: The Long Commute | 8/25/1958 | See Source »

Died. Gordon Evans Dean, 52, a senior vice president of General Dynamics Corp., onetime (1950-53) chairman of the U.S. Atomic Energy Commission and later critic of U.S. atomic policy, assistant dean at Duke University Law School (1930-34); in the crash of a Northeast Airlines Convair; in Nantucket, Mass, (see NATIONAL AFFAIRS...

Author: /time Magazine | Title: Milestones, Aug. 25, 1958 | 8/25/1958 | See Source »

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