Word: sst
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...roar of publicity over such super-commercial airplanes as the SST and Boeing's 747 jumbo jet has largely drowned out the hum of a smaller but still important market. Lured by the economy of jet planes and lifted by their earnings from increased traffic, regional airlines around the U.S. have been moving into the jet age, casting off decrepit DC-3s and aging Convairs, which gave them their start. British Aircraft Corp., with its BAC-111, and both Boeing and Douglas have tapped the regional market with small, fast jet airplanes designed for short runs and shorter runways...
Since then, Fairchild Hillers sales have climbed from $115 million to $210 million for 1966. Along with the F-228, the company is engaged as a major subcontractor on the McDonnell F4, the Boeing 747, the SST, and it is working with West German designers on what could be a multibillion-dollar verticaltakeoff and landing aircraft. With such projects under way, Fairchild President Edward G. Uhl's forecast of doubled sales within the next six years seems somewhat conservative...
...first supersonic jet transport, the big bird has remained in a stall. In a bind over budget and congressional problems, President Johnson held back on funds that Boeing and G.E. need to make prototypes. Last week, however, the Administration hit on a new maneuver to start the SST toward...
Glory & Jobs. The aircraft industry still remains more than hopeful that the President will eventually provide the necessary money. The industry points to several practical values in speeding up SST work. One is that eventual foreign sales of $40 billion would help the balance of payments. Another is that the Government would recoup everything it laid out in the shape of royalties. Beyond that, the SST, as the biggest single venture ever undertaken by U.S. industry, will create at least 100,000 new jobs across the country. The plane is too big for Boeing to build alone; Avco Corp., Fairchild...
...President and Congress maintain this mood, the ceiling may be lowered for a U.S. industry that has built 78% of the 9,000 airline planes now flying worldwide and is confidently expected to nail down the supersonic market as well after 1974. SST work elsewhere is rolling along. The Russians are hard and quietly at work on the TU-144. In Toulouse last week, the Concorde prototype's wings were mated to its body and the $3 billion project is keeping right on schedule toward scheduled flight in 1971. The Concorde is smaller, slower and less rangy than...