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Behind the new moves to combine is Duncan Sandys, Britain's Minister of Aviation, who has proposed merger as the only way for the industry to regain its strength and avoid costly duplication of planes and missiles. What made de Havilland, also sought as a partner by Vickers-Armstrongs, so attractive is the fact that it manufactures the Comet, Britain's only commercial pure jet, and has a major share of Britain's missile industry. De Havilland also has orders from British European Airways for 24 of its new short-range jet, the D.H. 121. De Havilland...

Author: /time Magazine | Title: Business: Merging for Survival | 1/11/1960 | See Source »

...maker of the turboprop Viscount and Vanguard, and English Electric Co., R.A.F. fighter-plane builder, sped up their longstanding merger talks. They also began courting Bristol Aircraft, maker of the turboprop Britannia. They feel they will need a big combine to compete against the Hawker-Siddeley Group and de Havilland Aircraft Co., which last month announced plans to merge. If stockholders approve, Hawker-Siddeley and de Havilland will become the biggest aircraft company in the Commonwealth (combined assets: $250 million...

Author: /time Magazine | Title: Business: Merging for Survival | 1/11/1960 | See Source »

Died. James Allan Mollison, 54, Scottish aviator, first (in 1932) to fly the Atlantic solo from east to west (in a tiny de Havilland Puss Moth monoplane) ; of pneumonia ; in London. A Royal Air Force pilot while still in his teens, Jimmy Mollison went on to set a flock of post-Lindbergh records, including Australia-England (1931) in 8 days, England-Cape Town (1932) in less than 5, and, with First Wife Amy Johnson Mollison, also a headlined pilot, England-India (1934) in 22 hours (not a record...

Author: /time Magazine | Title: Milestones, Nov. 9, 1959 | 11/9/1959 | See Source »

...long-range, pure-jet market, Britain washed out. De Havilland, still suffering from its fatal Comet crashes, has sold only 36 commercial Comets, all but ten to British lines. Foreign lines have shown a marked preference for the bigger, faster U.S. jets. As for military sales, Britain has practically abandoned planes, and missile orders are comparatively small, since the U.S. has supplied Britain with many such weapons. English Electric's hot (Mach 2) P.1 Lightning all-weather night fighter, now abuilding, will not only be the Royal Air Force's first truly supersonic fighter, but very likely...

Author: /time Magazine | Title: BUSINESS ABROAD: Fa | 9/21/1959 | See Source »

Other Fields. To survive, many a planemaker has diversified to other fields. Hawker Siddeley builds cars (the Sapphire). Others make boats, harvesters, computers, plastic products. Those that hope to develop advanced planes are working together. De Havilland, Fairey and Hunting are jointly developing a new medium-range jet, the D.H. 121. English Electric and Vickers are developing a supersonic bomber...

Author: /time Magazine | Title: BUSINESS ABROAD: Fa | 9/21/1959 | See Source »

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