January 10, 1944

Headline News Section

T. P. Wright Traces Plane Program; Forecasts 110,000 Aircraft in 1944

Personnel

THE AVIATION NEWS

Washington Observer

67
Headline News Section

T. P. Wright Traces Plane Program; Forecasts 110,000 Aircraft in 1944

Warns aviation industry that it must meet accelerated program next year and says we dare not adopt philosophy that the war is nearly over; December output of 8,802 planes raises year’s total to 85,946. The 1944 plane valuation will be 25 billion dollars.

4041

Personnel

Major Charles C. Bassett, Jr., has become assistant to Lee H. Smith, general manager of the Fairchild Aircraft plant in Burlington, N. C. A veteran of two World Wars, Maj. Bassett has recently been put on inactive status for medical reasons.
23
THE AVIATION NEWS

Washington Observer

OBSTACLE TO PLANE PRODUCTION—A recent experience of an airframe company with a subcontractor who before the war made a household appliance, and whose heart was still in the home, shows what the aircraft industry is up against. The airfraame company made fine progress and soon it was to need assemblies the subcontractor had agreed to produce.
1415
Headline News Section

OPA Announces Price Ceilings for Used Planes, 500 Hp. Or Less

Formula worked out is based on Oct. 1, 1941, value, depreciated at uniform rate of 8 percent a year up to ten years.
2627
Transport

TWA Studying All Aircraft Designs for Post-War Operation

Craft with two, three and four engines, and of all shapes are included in evaluation for future use on local, regional and long-range services.

3435
Transport

Air Express Gains 40 Percent in 1943

Totals 14,000 tons compared with 10,850 in previous year.
2021
Aircraft Production

Record-Breaking Plane Production Attributed to Industrial Teamwork

Curtiss-Wright’s President Guy W. Vaughan credits cooperation all along line for all-time high output of approximately 86,000 warplanes in 1943.

3233
Transport

Spirited Session Held on Post-War Aviation

Peace problems in air field discussed at United Nations Forum in Washington.
1213
Headline News Section

NWLB Shift Creates New Plane Wage Panel

Summary of federal actions includes Goodyear—DPC contract.
3839
Financial

Airline Stocks Chalk Up Gains in ’43 as Aircrafts Lose Ground

Final prices show continued advances by all air transport shares while equities in plane manufacturing firms decline further.

January 31944 January 171944