Word: panagra
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Dates: during 1940-1949
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There would be logic aplenty for such dealings. Eastern expects to operate a postwar route from the U.S. to the Canal Zone, northern terminus of Panagra, which operates down the Andean-wrinkled west coast of South America to Chile, and over the hump to Buenos Aires. Such a hookup would give Panagra its long-sought entrance into the U.S., and give Eastern through connections on the short route to Latin America. Pan American Airways, which now ferries Panagra traffic between the U.S. and Balboa, could be bypassed...
...Eastern should acquire Grace's half control of Panagra, it would still not be free of arch-rival Pan Am. The reason: Pan Am owns the other half of Panagra...
Planemaker Donald Douglas sat down in the Wings Club in Manhattan with the presidents of three airlines. Panagra's Harold J. Roig, American Airlines' A. N. Kemp and United Air Lines' W. A. Patterson. When Planemaker Douglas left, 12 minutes later, he had in his pocket the fattest airline contracts ever placed in the U.S. aircraft industry. The contracts gave Douglas the job of building 93 four-engined airliners, more than $50,000,000 worth, for postwar delivery...
...planes will be of two types: 44-passenger DC-45, with a top speed of 280 m.p.h., and so-passenger DC-6s, with a top speed of 335 m.p.h. American Airlines will get 55 planes, Panagra three and United 35. Within a week, United plans to contract for another 15 from Douglas. Similarly, Eastern Airlines is now mulling over an order for Douglas. The airlines know that the new planes will make hash of present schedules. The transcontinental time will go down from 18 hours to 8 hours 30 minutes...
...administrative boss, Colonel James H. Douglas, Chicago lawyer) George went to the airlines again. Chief of operations is TWA's Larry Fritz (who flew one of the freighters to India last week); chief of domestic transportation and training, Colonel Harold R. Harris, who had organized Pan American Grace (Panagra); United Airlines' Colonel Ray Ireland, chief of priority traffic; Northwest Airlines' Colonel George Gardner, foreign operations; Pan American's Colonel Grant Mason, chief of plans; American Airlines' Lieut. Colonel James G. Flynn, communications...