Word: delta
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...still on the drawing boards, but rival airframe and engine makers have submitted plans to the FAA for approval later this year. Competing for the airframe contract are Lockheed and Boeing; for the engine job, General Electric and Pratt & Whitney. Lockheed offers a double-delta-wing design. Boeing proposes a swing-wing configuration. Both companies promise a plane capable of carrying 300 passengers at a cruising speed of 1,850 m.p.h. at 70,000 ft. The U.S. SST will sell at $35 million, and 250 planes is the break-even point...
...gradually expanded into the passenger business, but Delta-a name from the old cotton days-remained a Southern airline until 1948. In that year it landed a route to Chicago, followed this with stretches to the Caribbean, New York City and, five years ago, the West Coast. Wherever he spread, Woolman stressed courtesy. He liked to say that "this airline is my own baby; I started the thing. But I have tried to make everybody at Delta think this is their airline...
Like Whales. Unlike Eastern's Captain Eddie Rickenbacker, his longtime competition, Woolman skipped propjet airplanes and waited for the pure jets to arrive. When they did, he refused to float convertible debentures to finance them, instead used Delta's retained earnings and some modest bank loans. He also ordered a conservative ten-year depreciation schedule instead of the twelve to 16 years that most airlines use. Woolman took the advent of newer, faster, larger airplanes in stride. "I remember when I thought the DC-3 was the biggest plane I'd ever see," he would say. "They...
Woolman's successor, except for devotion to Delta, is an opposite. Charles Dolson is brusque where C.E. was affable, reserved where Woolman was outgoing. St. Louis-born, Dolson earned a civil-engineering degree at Washington University ('28), then became a Navy carrier pilot. Switching to commercial aviation, he eventually became Delta's chief pilot, was promoted and simultaneously grounded to be operations manager. With earnings and revenues increasing steadily and Delta's growth consistently exceeding industry averages, Dolson is not apt to change many of C.E.'s policies. Nor will he have to worry about...
Died. C. E. Woolman, 76, founder and board chairman of Delta Air Lines; of a heart attack; in Houston (see U.S. BUSINESS...