Word: payloads
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Five hundred U.S. Air Force, Navy and Marine Corps bombers roared northward over Korea one day this week for the biggest bombing raid of the two-year-old Korean war. Their payload was more than bombs: they carried political explosives...
...follows their flight more closely than National Airlines President George T. Baker. His passenger traffic reaches a peak in winter on its main-line run from New York to Miami, but it slumps during the summer. Last week Baker made a deal to give National a big payload the year round and move it up from tenth to eighth largest U.S. airline. (It ranks an estimated fifth in net operating income among domestic airlines.) National will buy Colonial Airlines for $7 million worth of stock (⅞ of a share of National to be exchanged for one share of Colonial), subject...
...Super-Connies are 18.4 feet longer than present ones, will carry 88 passengers instead of 60, have a 40% bigger payload. The first planes, which will go to Eastern in three months, will cruise at 319 m.p.h. Later models, with new 3,250-h.p. Wright engines, will cruise at 350 m.p.h...
...Manhattan's Bankers Trust Co. lent the balance. With 1951's business still gaining (February profit: $150,000 before taxes), Slick has made similar deals for two more DC-6As to be delivered later this year, for a total $3,500,000 expansion. The three new planes (payload: 30,000 Ibs. each) will boost his cargo capacity almost...
...such deals, plus new scheduled routes from CAB (TIME, May 9, 1949), the line has built its monthly payload to 2,000,000 Ibs. in 1949-50, as much as it carried its entire first year. Last week the freight future looked so bright that Bob Prescott planned to expand his 24-plane fleet. He placed a bid for 18 mothballed Air Force C-46s. But Prescott, who has clawed his way through more than one freight-rate battle with the scheduled passenger lines, thinks he still has plenty of fighting to do. Complained he: "As long as [the passenger...