Word: dc
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Dates: during 1960-1969
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...More logically, ultimate merger appears desirable in an industry where no single producer can muster all the scientific capabilities needed to occupy a commanding place in space. Douglas would make a good mate. It offers a large write-off against future taxes. Due largely to development costs on its DC-8 jetliner, its 1959-60 deficits totaled $52 million. Douglas is the contractor for the nation's first airborne ballistic missile, the Skybolt, and for the Saturn moon rocket booster. In addition, Douglas and McDonnell share a $1,800,000 contract, jointly awarded them by the Federal Aviation Agency...
Amateur Airman Egbert was clearly delighted at the prospect of getting his hands on Trans International's DC-8 jet and four Lockheed Constellations, which the airline uses principally for military contract work. But the Trans International purchase was only the latest step in a pell-mell diversification program under which Studebaker has bought up nine companies at a total cost of more than $100 million in cash and stock...
...more than a decade, half the world's aircraft manufacturers have been struggling to develop a latter-day replacement for the traditional workhorse of the airways, Douglas Aircraft's 26-year-old DC-3. The planemaker that has come closest is Royal Netherlands Fokker Aircraft, whose sleek, twin-turboprop F-27 Friendship is now used by 36 airlines spanning all six continents...
...short-haul twin-jet F-28, which would cruise at 500 m.p.h. and carry 44 to 60 passengers. To appeal to underdeveloped countries where flying is booming, Fokker has designed the plane to be cheap, rugged, and simple to operate. "The underdeveloped countries will hurdle directly from DC-35 to jets," predicts one Fokker expert. Fokker hopes they will hurdle into...
...nonskeds: some mechanics were writing maintenance reports to show repairs and checkups that were never done; pilots were flying more than the legal eight hours at a stretch; flight crew training standards were minimal. In addition, non-sked business practices were sometimes downright dubious. President Airlines, which operated a DC-6B that crashed last year off Shannon, killing 83 passengers, got into the business by buying the air carrier certificate of a dormant nonsked...