Word: jumbo
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...vehicle designed to orbit the earth, land and fly again was flight-tested-but not alone. As 10,000 people watched, the U.S. space-shuttle orbiter Enterprise soared off a runway at Edwards Air Force Base in California, while locked tenaciously atop a huge and expensively modified Boeing 747 jumbo jet. The combined load of 293 tons (72 of them in the 122-ft.-long Enterprise] not only rose smoothly ("No tail shake at all," reported 747 Pilot Fitzhugh Fulton Jr.) but maneuvered as gracefully as two such ponderous mating birds could. The vital 2-hr. 5-min. test...
...dealer is Freddie Laker, 54, a British aviation maverick who has become the self-proclaimed St. George of cheap transatlantic air travel. His $70 million fleet of ten planes-including three 345-passenger McDonnell Douglas DC-10 jumbo trijets-is painted in the red, white and black colors of his racing stud farm. The planes now work mainly on low-cost charters, including Advance Booking Charters, which Laker helped pioneer. But his No. 1 priority -or threat, as heads of the scheduled airlines would put it-is Skytrain, his proposed cheap ($135 one way), no-frills transatlantic air shuttle service...
...orders v. 99 a year ago, most of them from domestic airlines. The Boeing 747 plant at Everett, Wash., the world's largest building in terms of capacity (200 million cubic feet), is busier now than at any time since the early 1970s when the 747 jumbo was new and the competitive rush to put it into service was at its peak. McDonnell Douglas expects to deliver 18 jumbo DC-10s next year, about the same as this year, plus nearly 40 smaller DC-9s between now and the end of 1977. Even scandal-scarred Lockheed Aircraft is doing...
...pilots initially had put on the table 486 proposals that the company estimated would cost $134 million-or more money than Continental has earned in profit since it began flying. Among the demands: free vasectomies, and salaries above $100,000 a year for senior captains of Continental's jumbo jets. To help make up for small raises parceled out during the Nixon wage-price freeze, Continental offered to increase pilots' pay by 10% immediately, then bargain on how much more they would get. The pilots dismissed that idea as an attempt to buy them off and also rejected...
...amounted to an estimated $3.5 billion.) But in the late 1960's, Lockheed's management had made a major decision to diversify its business and compete with Boeing and McDonnell-Douglas in the manufacture and sale of commercial airliners. Lockheed had thus developed the L-1011 Tristan wide-bodied jumbo jet, but the program had misfired. Bankrolled by major U.S. banks to the tune of $650 million, the Tristar program threatened to drag the company into bankruptcy. By 1971, only a $250 million U.S. government guarantee of private bank loans enabled the company to survive. Lockheed's own projections showed...