Word: transatlanticism
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Transatlantic Layoffs. By week's end the Rolls crash had cost the jobs of almost 10,000 workers in two countries, including 6,500 laid off by Lockheed in Burbank and Palmdale, Calif. There, Lockheed had been building the TriStar superjet, for which Rolls was supposed to supply the...
If the RB-211 is washed out, it is conceivable-though highly unlikely-that Lockheed would have to cancel the TriStar and follow Rolls into bankruptcy; in that case, the Pentagon would doubtless find some way to keep Lockheed producing C-5A cargo planes and Poseidon missiles. The issues are...
LOCKHEED Aircraft Corp., a pioneer in plane building and long the biggest U.S. defense contractor, has gained fame through its Constellation and Electra aircraft, its Polaris and Poseidon missiles, its U-2 spy plane. Rolls-Royce Ltd. has become one of Britain's brightest industrial ornaments by making the...
U.S. airline pilots have a union that actually delivers pie in the sky. The 31,000 members of the Air Line Pilots Association earn an average of $33,250 a year-it goes up to $59,000 for some captains on transatlantic runs-for working 60 to 85 hours a...
Circumnavigator Sir Francis Chichester, 69, plans to set out from Plymouth, England, this week for an assault on the singlehanded seaman's equivalent of the four-minute mile. In the improbable event that everything goes as he hopes it will, Chichester and his 57-ft. Gypsy Moth V will...