Word: messerschmitts
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Dates: during 1960-1969
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...seven independent and fiercely competitive companies, none of which is strong enough alone to finance major developments. And the situation has not been helped by the refusal of the old-time individualistic planemakers to accept the modern concept of team design; the traditionalists believe, as does Pioneer Designer Willy Messerschmitt, now 65, that "the old hares can do the job better...
...After producing 40,000 fighters for the Luftwaffe during World War II, sharp-featured Willy Messerschmitt fell on hard times, turned unprofitably to making sewing machines and shell houses. Eventually the Bavarian state government moved in to protect $2,250,000 in loans it had made to Messerschmitt. It claimed 46.65% of the company's stock, left Willy an equal amount, and put the remaining 6.7% into trusteeship with the West German government. This week, with Messerschmitt now turning a tidy profit on the manufacture of F-104Gs and Fiat G91s for the West German air force, the government...
Common Market businesses have gone on a merger bender. Germany's Messerschmitt and France's Fouga are jointly making aircraft. Italy's Innocenti and Germany's Hans Glas are making cars together, Luxembourg's Dostert and Germany's Wilhelm Seibel truck trailers. Agfa and France's Vedette are collaborating on cameras. Eurista is a new FrenchGerman coalition making electrical resistors. Gasoline is now distributed in France and Germany by Desmarais. The Société Française PIC and Krupp recently signed an agreement to build a petroleum plant. "Within...
...drama is sure: pretty Marguerita Stahli, buried alive for 15 long minutes, fearful only that her fiance might have died during the blast (he did); the curiosity of the men in Fighter Command Operations Room as they plot the erratic flight up the North Sea coast of a lone Messerschmitt bearing Deputy Fuehrer Rudolf Hess on his mad "peace mission" to King George VI. Such touches have the gritty reality...