Word: corsair
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Dates: during 1950-1959
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...will be as big a boon to Chance Vought as to the Navy. Splitting off from parent United Aircraft Corp. two years ago, Chance Vought and President Frederick 0. Detweiler, 44, have been through a difficult first solo. The last of C. V.'s famed prop-driven F4U Corsairs came off the line in 1953; bugs and engine trouble held back the Corsair's successor, the big twin-jet F7U Cutlass fighter, with production scheduled to end in late 1955. Though C. V. was also producing the Navy Regulus guided missile, had a development contract...
HEROES Chopper Pilot At Fort Lewis, Wash, last week, Marine Captain James V. Wilkins recalled an experience he had had in Korea. "On July 3, 1951," he said, "I was flying a Corsair with my squadron along the east coast of Korea, 15 miles inland and about 20 miles south of Wonsan. We ran into heavy ground fire from a road reconnaissance outfit; my plane was hit and began smoking heavily. I bailed out at 800 feet and landed on the inland side of a small bowl east of the main supply route. The North Koreans were lined...
...born Shipping Tycoon Aristotle Socrates Onassis, 48, who is under indictment on a charge of conspiring to gyp the U.S. in some postwar deals to buy surplus ships (TIME, Feb. 15), waited for delivery of one of the fanciest yachts to sail since Financier J. P. Morgan's Corsair churned the seagoing carriage-trade routes. In the North German port of Kiel, a 325-ft. frigate is being converted into the Christina, a floating pleasure dome which will be the flagship of Onassis' cargo and tanker fleet. Trimmed in marble, mosaics and lapis lazuli (cost: $3.50 per square...
...enough." that in order to regain his commission he would have to take back everything he had said in the past. Lindbergh refused, went to work as a civilian consultant to the Ford Motor Co. and United Aircraft, helped in the design of the Navy's Corsair. In 1944 he went to the Pacific as a civilian technician and in the course of six months flew some 50 missions and was unofficially credited with shooting down one Japanese plane...
...were pretty well confined to short stretches of blue water between Bar Harbor, Me. and Palm Beach, Fla. with a few genteel outposts in New Orleans, the Great Lakes and the West Coast. Those were the days when a wealthy gentleman, admiring J. Pierpont Morgan's 302-ft. Corsair, asked him: "How much does it cost to run a yacht?" And old J.P. bluntly told him: "You cannot afford it. Anyone who has to ask how much it costs to run a yacht cannot possibly afford to keep...