Word: fleetly
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Dates: during 1950-1959
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...World War I Hamburg-born Erich Raeder, promoted to chief of staff in the Kaiser's brand-new cruiser squadrons, had a brief taste of glory in the battles of Doggerbank and Jutland (in which the British were powerfully mauled), but at war's end the barnacled fleet had to scuttle itself to avoid capture. Returning from Versailles. Raeder said: "Just wait 25 years. We'll be back." In half that time Raeder was building pocket battleships for Hitler, who made him an honorary member of the Nazi Party. But in World War II, when his battleships...
...first planes will be delivered in August 1958, and the entire fleet will be in service by July 1959. If Eastern exercises its option, the remaining 30 planes will be in service by November...
...million, 2O-plane fleet of four-engined jet liners, which will cruise at 550-600 m.p.h. with 100 passengers, cut the New York-to-Miami flight time to a bare two hours. Rickenbacker has not yet decided on what plane to buy, but it will be either the Boeing 707 or Douglas' new DC-8. Scheduled to start in service by 1960, the entire fleet of 20 will be flying...
...then, says Rickenbacker, he will have a fleet of 218 multiengined airliners-60 jet and turboprop "express liners," 60 local-service twin-engined ships, plus 98 four-engined "super air-coach" planes. All told, the fleet will treble Eastern's current carrying capacity to 20 million passengers annually flying 15 billion miles. Says Rickenbacker: "Air transportation should make more progress in the next ten years than we have been able to accomplish in the past...
FLYING TIGER LINE, back in the black after 18 months of red ink (net income for fiscal 1955: $400,188), will order ten Lockheed Super Constellations (capacity: 18 tons of freight) for its runs across the U.S. and overseas. Order is the biggest ever placed for a nonmilitary cargo fleet...