Word: fleetly
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Dates: during 1950-1959
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...winded party speeches. Last week Editor Cudlipp got tired of the delicate balancing act. Barely four days after his brother Reginald was named editor of the weekly News of the World (circ. 8,230,158), the third Cudlipp brother to become an, editor (TIME, Nov. 30), Percy Cudlipp surprised Fleet Street by resigning from the Daily Herald. To take his place, the paper named Sydney Elliott, 51, a devoted Socialist who has already proved his talent for circulation-building bright news and features on Beaverbrook's papers and on the sensational Daily Mirror...
WINTER cruises will have their biggest boom this year since the war. Shipowners are adding about 50% to the cruise fleet by transferring some of their vessels from the stormy transatlantic run, expect a record total of 65,000 passengers v. 35,000 last year, most of them headed for the West Indies and South America...
...fleet of scheduled airliners in the U.S. is the world's biggest. But there is another commercial air fleet almost ten times as large: the 10,000 aircraft owned by U.S. corporations. Altogether, some 8,000 companies have $200 million invested in planes and ground facilities, and spend about $75 million annually maintaining them. Last year company planes, in flying 370 million air miles, logged 3,250,000 hours flying time-more than all U.S. domestic airlines combined. Their three-year safety record was also remarkable: they have had only one fatality for every 200 million passenger miles...
...astonishing growth of the corporate air fleet is a postwar phenomenon. To a great extent, it has also been the salvation of the private-plane industry. At war's end the private-plane market boomed briefly, buoyed by the belief that someday every man would fly around in his own plane almost as easily as he drove his car. The boom soon collapsed; private planes were not only high priced, but most owners found them impractical because of their short range, slow speed and high maintenance cost. Such planemakers as Piper, Cessna and Beech then smartly went after...
...biggest corporate fleet is General Motors, which has 25 planes of varying types. Sinclair Oil Corp. has twenty, and Ohio Oil Corp. has fifteen. The nation's oil companies go in for aircraft in a big way, since they must shift geologists and riggers from field to field...