Word: mache
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...bombers, the Swedes have concentrated on interceptors, ground-attack and reconnaissance planes. But even to maintain three kinds of military aircraft is a heavy economic burden on so small a country. To cut costs, the Swedes have now designed a plane to do all three jobs: the all-weather, Mach 2-plus Viggen...
...would give most economists the willies, but it fascinates Fritz Mach-lup (pronounced mock-loop), holder of Princeton's Walker professorship of economics and international finance. A onetime Austrian businessman (in cardboard). Economist Machlup, 60, came to the U.S. in 1933, taught for years at Johns Hopkins, and is now president of the American Association of University Professors...
Center of attraction at Britain's Farnborough air show last week was none of the fast new aircraft roaring overhead but an 11-ft. groundling: the first publicly displayed model of the 100-passenger, Mach 2.2 Super Caravelle that British Aircraft Corp. and France's Sud Aviation propose to build jointly. Though design of the delta-wing plane is completed and current plans call for flight tests in 1966, final approval of the project is yet to come from the British and French governments...
...whether that approval should be given, since development of the Super Caravelle is expected to cost in the neighborhood of $560 million. Some British planemakers say that the money would be better spent increasing the all-weather reliability of existing subsonic aircraft. But with U.S. planemakers working toward a Mach 3 airliner and Russian competition in supersonic air transport only a matter of time, BAG and Sud Aviation argue that the Super Caravelle is needed to assure Europe a continuing role in the long-haul civil aviation industry...
...Algerian policy. It will not be smooth going at Sud Aviation either for Puget, a quiet, amiable St.-Cyr graduate. Though Sud Aviation made $8,300,000 last year, it has yet to recoup the original development costs of the Caravelle, and faces even greater outlays on the Mach 2 Super Caravelle, which it plans to turn out in cooperation with the British Aircraft Corp...