May 18, 1953

May 18, 1953

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Headline News

Reds Fly Captured Sabres in Combat

By William J. Coughlin8 min

Headline News

Transonic Data Demands Swamp Naca

By Robert Hotz6 min

Headline News

Majority of Airlines Get Final Mail Rates

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1213
Headline News

Reds Fly Captured Sabres in Combat

U. S. Fliers Report Attacks; Communists Now Hold Secrets of F-86 and Its Radar Gunsight

By William J. Coughlin8 min

1617
Headline News

Transonic Data Demands Swamp Naca

Langley Field, Va.—Demands of the aircraft industry for transonic research data to design military planes and missiles have swamped the limited highspeed research facilities in this country, according to officials of the National Advisory Committee for Aeronautics.

By Robert Hotz6 min

2425
Headline News

Majority of Airlines Get Final Mail Rates

Nearly all of the 46 certificated airlines will be on a final mail rate by the end of this year, Civil Aeronautics Board officials predict. This means that for the first time in airline history, stock-holders will be able to rely on reported profit and loss data and carrier managements will know where they stand on cash income and expenditures.
1819
Headline News

Bell Aircraft Officer Buys 4,500 Shares

Forty-five hundred shares of Bell Aircraft Corp. common stock were purchased by Ray P. Whitman, officer and director, through a stock option agreement, Securities & Exchange Commission reports in a summary of March security transactions and holdings.
2021
Headline News

Capital Boosts Pay of All Its Officers

Capital Airlines has reported to the Civil Aeronautics Board that all top officers last year were granted salary increases ranging from $500 to $4,000. Some officers increased stockholdings, picking up their 1948 options at $5.50 per share, about half the current market price.
2021
Headline News

Icao Plans New Transport Yardstick

New national and international yardsticks for transport aircraft performance are moving toward approval at a Paris meeting of the International Civil Aviation Organization’s standing Committee on Performance. The five-week session, fourth meeting of the international committee in two years, is expected to be the last before the new proposed standards are presented for divisional approval at an ICAO conference in Montreal next March.
1819
Headline News

Cochran Sets Sights on 700-mph. Record

Jacqueline Cochran plans an attempt at a new world’s jet aircraft speed record, flying an Orenda-powered, Canadair-built F-86E Sabre at Edwards AFB, Calif., within the next week. Miss Cochran recently became a member of the flight test advisory staff of Canadair, Ltd., subsidiary of General Dynamics Corp. Her husband, Floyd Odlum, last week was retiring as chairman of the board of Consolidated Vultee Aircraft Corp. after Atlas Corp., which he heads, sold 400,000 shares of its CV stock to General Dynamics.
2627
Headline News

Eal Sees Traffic Doubled in Decade

It is “very possible” that in the next decade Eastern Air Lines will be flying more than 10 million passengers a year, compared with its expected 5 million during 1953, according to president “Eddie” Rickenbacker. He also believes that the turboprop engine, which he hopes will be available soon for commercial use, will bridge EAL’s jump from its piston-engine Super Connies to the turbojet transport, which should be flying U. S. routes “by 1960.”
2223
Headline News

Three Aviation Firms Report Top Salaries

Two major manufacturers and an aviation supply company have reported to the Securities & Exchange Commission annual salaries totaling $867,652 were paid to officers and directors last year. The reports: • Fairchild Engine & Airplane Corp. paid its president, Richard S. Boutelle, a salary of $105,870 during 1952.
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Aeronautical Engineering

Making the Hydraulic System Reliable

Advanced planning of functions, minimum of gadgets and complexity are called key to dependable operation.

By Irving Stone15 min

May 111953 May 251953