Word: transport
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Dates: during 1940-1949
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...Lockheed's designers dream up an inexpensive passenger plane for what ex-Banker Bob Gross calls "the coming age of air," a Lockheed finance company would come in handy. If things work out well, Pacific might even take some transport-finance business away from commercial banks. And one of Lockheed's postwar bets is "Connie," the famed 52-passenger, four-motored stratosphere transport that flew its first test for the Army early this year (TIME, Jan. 18). Meanwhile, an additional capital investment should make Lockheed's huge tax bill look a little less like the national debt...
Next day a Berlin communique claimed an enemy transport downed over the Atlantic. London announced the Douglas overdue and presumably lost, with a four-man crew and 13 passengers, including Actor Leslie Howard. For the first time one of the unarmed commercial planes of the Lisbon-London services, running regularly since 1940, had been shot down...
...vanished Douglas had taken off from Portela airfield outside Lisbon, an international junction shared by Allied and Axis planes. The afternoon transport from London used to bring English newspapers for the German Embassy. Over this line, via Switzerland, passed information on war prisoners. The planes using Portela enjoyed an unwritten guarantee of safe conduct...
Back in the U.S. after 14 months in Australia (where he won the D.F.C.). Lieut. John T. McChesney described the first bombing raid of his squadron. On the first run over the Jap transport one rookie bombardier opened the wrong doors, dropped cots, mosquito nets, pineapple juice. Second time over he was so excited he dropped nothing. Third time he unloaded all the bombs and the bomb bay gasoline tank, too. All missed...
...Before 1950," said an OWI report on air transport this week, "the United States may well have half a million private, commercial and military planes in active service." The report added that "this may seem like a lot" (it is 1,152 times the peak number of planes that all U.S. air lines operated at home and abroad before the war). Other OWI statistics on air transport...