Word: fanjet
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...goes public, Gulfstream Aerospace is expected to follow. Paulson, a former airline mechanic who once sold secondhand airplanes, set up a company in 1976 that two years later bought Grumnian American Aviation Corp., maker of the Gulfstream line of corporate aircraft. Its principal product, the 19-passenger Gulfstream III fanjet aircraft, costs upwards of $10.5 million and, according to the offering prospectus, boasts the longest range and fastest cruising speed of any business aircraft. In 1982 the Savannah-based company's sales rose by 33%, to $575.5 million, and profits more than tripled, to $43 million...
...most promising research is retrogressive. United Technologies is developing a "prop fan"-an eight-blade propeller driven by a jet engine. The blades look like warped boomerangs. They are more efficient for subsonic aircraft than the fanjet engines planned for the 1980s; on flights of up to 1,500 miles, the prop fan would be 40% more fuel economical, since a propeller is more efficient than jet thrust during climb-outs and letdowns. Even so, the boomerang has a problem: excessive noise. Furthermore, how can airlines lure passengers back to a prop after they have flown...
...biggest seller in the small-jet market is Cessna's Citation, a $725,000 twin fanjet eight-seater (including that of the pilot) with an average range of 1,230 miles; it was brought out early last year. In December Cessna delivered ten Citations, bringing last year's total sales to 52, and company officials expect to sell double that number of planes this year...
...m.p.h. C-5 is both bigger and faster than Russia's AN-22, until now the largest aircraft in operation. With a maximum payload of 265,000 Ibs. and a range, when fully loaded, of 2,875 miles, the Lockheed plane is powered by four General Electric fanjet TF-39s, the world's most powerful aircraft engines...
Rolls' Engines. Among other things, it will sizably affect both the British and U.S. balance of payments. Each $15 million L-1011 will have three fanjet engines, two slung under the wings and a third at the base of the tail for balance and easier servicing. Competing to provide the engines were Britain's Rolls-Royce and the U.S.'s General...