July 3, 1961

July 3, 1961

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SAFETY

Excess Yaw Cited in 707 Peconic Crash

SPACE TECHNOLOGY

Gardner Analyzes U.s. Lunar Race Plan

AVIONICS

Project Surveyor to Seek Solar Origins

By Barry Miller10 min

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SAFETY

Excess Yaw Cited in 707 Peconic Crash

At approximately 1641 e.d.t., Aug. 15, 1959, an American Airlines Boeing 707, N 7514A, crashed and burned in an open field approximately three miles northeast of Peconic River Airport, Calverton, Long Island, New York, during a training flight.
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SPACE TECHNOLOGY

Gardner Analyzes U.s. Lunar Race Plan

Achievements in space have created a new international index of our nation’s position in world leadership. Our allies, the uncommitted nations and the emerging new nations watch this index. The USSR clearly recognizes this fact. The President of the United States also clearly recognizes this fact.
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AVIONICS

Project Surveyor to Seek Solar Origins

Los Angeles—Series of lightweight, low-power instruments which are to be soft-landed on the moon’s surface by National Aeronautics and Space Administration’s unmanned, stationary vehicles under Project Surveyor may provide clues about the origin of the moon, the solar system and possibly life itself.

By Barry Miller10 min

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AERONAUTICAL ENGINEERING

U. S. Explores Supersonic Airliner Roles

Ft. Worth, Tex.—Design and operational requirements of the supersonic transport indicate that revolutionary rather than evolutionary approaches will be required by the engineer, manufacturer, operator, flight crew and traffic control system, speakers here at a recent Institute of Navigation symposium (AW June 26, p. 40) indicated.

By Erwin J. Bulban8 min

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FINANCIAL

Aerospace Firms List Officers’ Salaries

Washington—Following is a list of aerospace industry directors and officers with 1960 salaries above $30,000 and their stockholdings, as reported to the Securities and Exchange Commission: Aeronea Manufacturing Corp.—J. A. Lawler, president and director, $60,000 salary, 39,875 shares of common stock ;
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AIR TRANSPORT

Dispute Hampers Iberia on North Atlantic

Competitive position weakened by internal fight over pushing New York or Latin American market

By L. L. Doty6 min

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SPACE TECHNOLOGY

European 10-yr. Space Program Proposed

London—Ten-year program which would put western European nations in the space business would cost about $140 million a year, with the payoff ranging from communication satellites to manned re-entry flight. Proposal was outlined to delegates at the European Symposium on Space Technology here, sponsored by the British Interplanetary Society, by L. R. Shepherd, director, Research and Development Division, United Kingdom Atomic Energy Authority.
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Letters

I would like to congratulate you for the wonderful editorial entitled New Image at Paris published in the 12 June 1961 issue of AVIATION WEEK. The philosophy you advance is certainly pertinent to our nation’s world position in these perilous times.
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AIR TRANSPORT

Boac Appeal Awaited on Cunard Award

By Herbert J. Coleman5 min

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FINANCIAL

1961 Piper Profits Drop Sharply; Plant Costs, Recession Blamed

New York—Fiscal 1961 will prove to be a less satisfactory year for Piper Aircraft Corp. than the company’s original predictions indicated, W. T. Piper, vice president, told the New York Society of Security Analysts here last week. The present year has been “very unsatisfactory to us” so far, he said, and he expects no upturn for at least three months.

By David A. Brown5 min

June 261961 July 101961