Word: fueled
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Dates: during 1970-1979
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Renewed Strength. But in recent months the picture has brightened somewhat, boosting spirits of airline officials and the big U.S. planemakers alike. The major carriers, which as a group lost $250 million last year, are benefiting from more passengers and stable (though high) fuel costs. The result: they could well earn $300 million to $350 million this year. A number of lines are using the renewed strength to do what many of them have not done in years: buy new planes. American. Braniff and Northwest have placed orders with Boeing for 23 727-200s (value: $251 million). Eastern...
...fleet. United will trade in 28 of its old DC-8s to Boeing and will finance the purchase with existing cash plus money generated internally from earnings and depreciation. It will be getting quieter, more economic planes. Each of them, United executives estimate, will save 1,300 gallons of fuel ($428 worth) over the old DC-8s on a single fully loaded flight from, say, Denver to Chicago...
...moneysaving (and -making) chariot is a Peugeot 504, powered by a diesel engine. At a list price of $8,260, the French-made Peugeot does not exactly qualify as low-priced. But the obvious economy of driving diesels is attracting more and more U.S. motorists: while diesel fuel costs about the same as gasoline, diesel engines get up to double the mileage. From 1974 to 1975, sales of diesel cars (mostly Peugeots and West German-made Mercedes) almost doubled in the U.S., rising to nearly 25,000 vehicles. Although sales this year are down, partly because of lower imports, Detroit...
...decades. But their use in cars is a relatively recent phenomenon. Patented in the 1890s by Rudolf Diesel, a brilliant German engineer who died in 1913, the engine, in its various types, burns almost any hydrocarbon: alcohol blends, benzene, kerosene, even lightweight heating oil. Rudolf Diesel himself fueled an early experimental model with powdered coal. Another advantage: diesels do away with the gasoline engine's frequently troublesome spark ignition system. Diesel fuel is injected into the cylinders and made to explode by compression...
...Europe, where gasoline sells for as much as $2.25 per gal. and diesel fuel is much cheaper, diesels account for 2.5% of auto sales. In the U.S., diesel-car sales have been held back by high prices (the cheapest Mercedes diesel lists for $10,278, not including options) and by the diesel's traditional drawbacks-low power, hard starting, loud noise and heavy weight. But auto engineers have a major incentive, besides economy, to work at overcoming these problems. Surprising though it may seem to anyone who has trailed a smoke-belch-ing diesel truck, diesels already meet federal...