Word: twa
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Dates: during 1930-1939
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...drizzly night last week, TWA Pilot Jack Zimmerman, with 20 passengers behind him, circled over The Bronx. With the scattered lights of Central Park on his right, to his left stretched the darkened reaches of Long Island sound. Ahead of him lay a floodlit field with a runway 6,000 feet long and 200 feet wide, Runway No. 1 of New York City's North Beach airport. Jack Zimmerman plunked the DC-3 down short, turned right and taxied up to the administration building where swart Mayor Fiorello LaGuardia and a knot of city bigwigs waited in a crowd...
First of the airlines to plump for North Beach was the U. S.'s biggest, American, which grabbed three hangars, is now operating 84 of the 138 in-and outbound flights daily from the field. Other tenants are United, TWA, Canadian Colonial, Eastern, still operating from Newark, is belatedly readying to join the others. And from faraway Port Washington (20 miles from Grand Central) Pan American Airways will move to North Beach next year...
Last week Jack Frye, worried about his growing waistline, announced a deal that will fatten his airline: the purchase for $350,000 of Marquette Airlines which (when Civil Aeronautics Authority approves) will give TWA a closely knit 565-mile feeder system in the heart of rich midwest traffic territory...
...organized little more than a year ago, by another executive with an airline pilot's ticket in his pocket: convivial, pianoplaying, 33-year-old Winston Weidner Kratz. He ran it on a shoestring for months with outdated Stinson tri-motors. The line was a natural. From a TWA connection at St. Louis it ran to Cincinnati, crossed TWA again at Dayton, and continued north to Toledo and Detroit. But until CAA gave it a certificate of convenience and necessity it was not an airline entity, had no sales value. Loudest to shout against a certificate for Marquette was naturally...
...played with steady hand for fat stakes, and on horseback trips where they rode for saddle-galls, the deal was made. The sale was for cash, in which Marquette's chief financial backer, Pittsburgh Capitalist John McKelvy, will have the chief share. It also included a job in TWA's executive line for shrewd "Wink" Kratz...