Word: gulfstream
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...partnership would have been unthinkable a few years ago. Sukhoi, the Soviet maker of military planes, and Gulfstream, the most prestigious name in U.S. corporate jets, are making tentative plans to build a supersonic business aircraft. In a $1 billion project, the two manufacturers hope to produce a jet that will fly at 1,500 m.p.h., twice the speed of sound, and carry as many as 20 passengers over a range of more than 5,600 miles. The plane would sell for about $50 million...
...concerns about the effect of sonic booms on the environment and the licensing of advanced U.S. technology to the Soviets. But the partners plan to have detailed designs ready within a few weeks and hope to fly the plane by 1995. Sukhoi will have prime responsibility for the airframe; Gulfstream will concentrate on electronics and cockpit design; and Rolls-Royce has been enlisted to help design the plane's engines...
...perks in exchange for a pay raise, old habits were asserting themselves. Speaker Thomas Foley was embarrassed to learn about an amendment slipped into the defense-spending bill that required an Air Force C-20 jet be made available to him at all times. A military version of the Gulfstream III, the C-20 carries just eight passengers and is serviced by a crew of five...
...which the racial clauses are unwritten but not unspoken -- the election of the chairman of the Democratic Party. "The Democratic Party is the last, best hope of this country to deal with issues of race, region, religion and ethnicity," he says as he hops around the country in a Gulfstream jet loaned by the United Food and Commercial Workers union. "This election has become a test of that...
...well," says a Wall Street analyst who follows the company. But Disney's executives deny smugness as if they were warding off an evil spell. "You always have to believe you're in last place," said Eisner recently as he flew across the country in Disney's leased Gulfstream III jet, looking a bit sheepish about the luxury. "Flying on this kind of plane is exactly what leads to your financial demise," he observed...