Word: taylorcrafts
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With five hours' fuel aboard, Navy Ordnanceman Bill Falls, 22, took off one fine day last month from San Diego's La Mesa Airport in a Taylorcraft borrowed from his best friend, Parachute Rigger Charles Schrieber. A good amateur pilot, Bill had a 24-hour liberty and planned to spend it in Phoenix with his recently widowed mother...
Shirtless and sun-blackened, Bill Falls's body lay face upward under one wing of the crumpled Taylorcraft. Near by was a scrawl-filled notebook addressed to Charles Schrieber. Excerpts...
Like many an inventor, Custer is quick to brush off all future problems as mere "engineering details." Skeptical Air Force experts are waiting doubtfully for the results of further tests. But Taylorcraft, Inc. already has a channel wing ship on the drawing board...
...Denver to see his brother. Martin Mitzkus, his boss on the ranch at Forsyth, Mont., had offered to fly him there. They had stopped overnight at Casper, Wyo., had started out again in the morning. Ranch-hand Alvey, a rugged man of 37, remembered how the red. single-engined Taylorcraft had headed in between two peaks of the Medicine Bow Range. Then a downdraft had seized it, and the plane crashed...
...Troubles. Taylorcraft Aviation Corp., one of the largest companies in the field, filed a petition in Cleveland's Federal Court asking permission to reorganize under the bankruptcy laws. It had overreached itself by optimistically redeeming $320,000 worth of preferred stock and spending $600,000 for plant expansion. Then, when it could not get enough engines to meet its production goal of 40 planes a day, Taylorcraft found itself with a whopping inventory ($800,000 in excess of its needs), and no way of meeting its current debts of $1,030,000. But it still had a backlog...