Word: kecks
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...competing airplanes, along with a third, Boeing's 747-300, are almost identical. "On a technical basis, all three aircraft weighed out just about the same," said United President George E. Keck. "All three are excellent products of engineers' genius." What finally decided United on the DC-10 was what Keck called "favorable contractual terms." In other words, to come closer to Lockheed's $15 million offer, McDonnell Douglas had cut down its price per plane by almost $1,000,000-to $155 million, including engines. And the cut now applies to the American order as well...
...with such statistics in mind that United, TWA and American, in addition to seeking to restrict the hours and days their "Discover America" fares may be used, proposed to abolish their $200 excursion fare for transcontinental round trips and get the price back to $217. United President George Keck describes such moves as "a logical first step" toward raising airline profits. This amounted to a broad hint that next year the carriers may ask for a general fare increase, their first since...
...junior bank executive, got into aviation accidentally; in 1927 he made a loan to Pacific Air Transport, one of the struggling airmail lines that were later grouped into United. When United was organized in 1934, Patterson became its first president. Making way last week for George E. Keck, president since 1963 and United's new chief executive, Patterson allowed himself one small lapse into nostalgia. "I have great respect for marketing and research and for cost accountants," he said. "But I'm glad they weren't around when we started. They would have recommended that we didn...
...surcharge on routes newly converted to jet. The airlines, claiming that this decision would cost them some $50 million a year, raised a hue and cry. There the matter more or less rested until last week-when the CAB accepted a compromise offered by United Air Lines President George Keck...
Died. William Keck, 84, oil tycoon, a crusty California wildcatter who hit it big near Los Angeles in 1922, went on to make his family-controlled company, Superior Oil, one of the world's largest independent producers and to amass a $250 million fortune, the small change from which he used to support such causes as those of the late Senator Joseph McCarthy; in Los Angeles...