Word: sst
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Advised by Lindbergh. Though a presidential decision on the SST had been expected, Kennedy's timing was obviously triggered by what he called "competition from across the Atlantic." Only the day before, Pan American World Airways' crafty President Juan Trippe, 63, announced that he had ordered six supersonic Concordes from a government-sponsored Anglo-French consortium. The needle-nosed Concordes will fly at Mach 2.2 (or 2.2 times the speed of sound), are expected to enter commercial service in 1968. (Trippe went after the Concorde at the urging of Pan Am's distinguished aviation consultant, Charles...
Kennedy was vague on details about the U.S. supersonic project, but what he did say sounded encouraging to U.S. industry leaders. He called for an open competition among U.S. airframe and engine makers to design an SST that would fly at "the end of the '60s at a speed faster than Mach 2." Kennedy is expected to ask Congress this summer for a supplemental appropriation of $100 million or more to get the program started at once. The total development costs for an SST may run as high as $2 billion, most of which will be advanced...
...unintentional boost from the Concorde consortium, which has set up a cozy delivery plan under which only Air France, BO AC and Pan Am will receive the first 18 planes. Since production of the 18 will probably run well into 1969. the U.S. may be able to deliver its SST to the rest of the world's airlines almost as soon as the consortium can, thus capture a good part of the market and hopefully help to repay a big part of the Government's costs...
...Anglo-French consortium-British Aircraft Corp. and Sud-Aviation-and was shocked to see how far along the British and French were in building their needle-nosed Concorde jetliner, which will fly at Mach 2.2 (or 2.2 times the speed of sound). The market for a supersonic transport (or SST, as it is widely known) will at first be only 100 to 150 planes, and both U.S. and foreign airlines are naturally inclined to order the planes from the company that can promise the earliest delivery date. The Russians are also pushing ahead with an SST. Speed Debate. U.S. aviation...
...airframe makers to pool their skills, the result might give the airlines a plane whose performance and economy would make it worthwhile for the airlines to wait. The U.S. would still have to get its price right. According to current industry estimates, an American SST Mach 2 would cost about $12 million to $15 million apiece, while a Mach 3 would cost $20 million. The British and French are planning to sell the Concorde for less than $10 million. One difference is that the two European governments donated $500 million outright to develop the Concorde, while the U.S. government expects...