Word: convairs
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Other Plums. Whatever the cost, General Dynamics should fare well-and its F-111 earnings will add a lot of lift to a company already flying high on other projects. Under Lewis, General Dynamics has spectacularly recovered from the staggering $214 million loss it wrote off on its Convair jetliners in 1961. Climbing back to its 1961 sales peak of $2 billion, the company last year earned $58 million on sales that were up by 22% to $1.8 billion. Nearly 80% of that comes from Government orders for items ranging from Atlas and Centaur rockets for NASA to Navy surface...
...state of Arizona, he had to convince state officials that his plan would increase tax revenues. To create 25-sq.-mi. Havasu City, he gambled $500,000 on surveys, plans and engineering, even though the prospect looked so risky that C. V. Wood, 46, onetime Disneyland general manager and Convair chief industrial engineer, who is now Havasu City's master planner, told him bluntly: "You're out of your mind...
...Hawaii's visitors saw only Oahu. Today, two-thirds of them see at least one Neighbor Island. And why not? Maui and Kauai are only $12.57 and 18 minutes away by DC-9 jet; Hawaii's Kona airport is a mere 43 minutes and $16.95 by turboprop Convair. Air-taxi services also operate to the 15 state and private airstrips on the islands, offer island-hopping tours for as little...
...business, was a one-man show for 41 years. The man was Collett Everman Woolman. Old-fash ioned where finances were involved, "C. E." was progressive about his equip ment. Nothing pleased him so much as the fact that the airline he founded was the first to fly the Convair 880, the DC-8, and last year the DC-9. Delta was also scheduled to be first with the Lockheed L-100, a civilian model of the Air Force Hercules cargo plane. But when the occasion came last week, it was a sad one. Flying from Houston to Atlanta, Delta...
...only 28 jet planes as against its chief rivals' 124 (Pan American had 46, United 44, American 34). It took Tillinghast ten days to make up his mind to order 26 Boeing 707s for $150 million. With good luck, he was soon able to buy six Convair 880s for immediate delivery when General Dynamics repossessed them from troubled Northeast Airlines. The planes helped TWA catch up in the equipment race. Still, TWA continued to lose money, and for a time Tillinghast seriously talked merger with Pan American. Before the deal jelled, the CAB flashed a red light...