December 30, 1963

December 30, 1963

View Full Issue Table of Contents
SAFETY

Go-around Technique Cited in Dc-7 Crash

MANAGEMENT

Department of Defense Lists Top 100 Prime Contractors for Fiscal 1963

AERONAUTICAL ENGINEERING

Argentine Guarani Aimed at World Market

By Ward Wright12 min

View Full Issue
More Features
6465
SAFETY

Go-around Technique Cited in Dc-7 Crash

Eastern Air Lines Flight 512, a Douglas DC-7B, N 815D, crashed during an attempted go-around following an instrument approach to Runway 4R at New York International Airport at 2145 EST, on Nov. 30, 1962. Of the 51 persons aboard, 21 passengers, 3 crew members and an additional crew member occupying the jump seat did not survive.
6061
MANAGEMENT

Department of Defense Lists Top 100 Prime Contractors for Fiscal 1963

The 100 companies which received the largest dollar volume of military prime contracts of $10,000 or more in fiscal year 1963 accounted for 73.9% of the United States total. This is an increase of 1.6 percentage points from the 72.3% during fiscal year 1962, but a decrease of 0.3 of one percentage point from the 74.2% received in fiscal year 1961.
4243
AERONAUTICAL ENGINEERING

Argentine Guarani Aimed at World Market

Cordoba, Argentina—Argentina’s first serious attempt to enter the world market with an aircraft of her own design—the Guarani 2 twin-turboprop transport—is well under way with completion of the first steps leading to U. S. Federal Aviation Agency type certification.

By Ward Wright12 min

3233
AIR TRANSPORT

Lufthansa Hopes Break-even Point Near

Cologne—Lufthansa German Airlines hopes to approach the break-even point this year for the first time in its postwar history, possibly requiring government subsidies for as little as 1-to-2% of its over-all operational costs. The optimistic 1963 forecast by company officials is based primarily upon traffic results obtained thus far this year coupled with a general cutback in expansion plans and a review of the final 1962 figures, which show a marked decline in losses as compared with 1961.

By Edith Walford7 min

5051
AERONAUTICAL ENGINEERING

Three Firms Report Officer Compensation

Washington—Following is a list of aerospace industry directors and officers with 1962 salaries above $30,000, and their stockholdings, as they were reported to the Securities and Exchange Commission: GYRODYNE Co. OF AMERICA, Inc.—P. J. Papadakos, president and treasurer, director, $79,262.50 salary, $1.436.19 premium paid by the company on life insurance policy (principal amount of policy payable to Mr. Papadakos’ family), 223,349.8 shares of common stock; J. D. Barner, Washington representative, director, 1,033 shares of common stock; N. Xanthaky, secretary and director, 3,386 shares of common stock; W. C. McMahon, assistant secretary and director, 100 shares of common stock; W. J. Butler, Jr., director; J. C. Hilly, director; W. B. Lewis, Jr., director; G. M-P. Murphy III, director.
2627
SPACE TECHNOLOGY

Receiving Kits May Widen Tiros Data Use

By George Alexander4 min

2829
AIR TRANSPORT

1963 Trunk Profit May Pass $100 Million

Traffic growth of 14% seen; financial outlook is bright for domestic and international airlines in 1964

By L. L. Doty4 min

1415
EDITORIAL

Laurels for 1963

This year in aerospace has been marked by few spectacular public achievements. It has been a year of intense, grinding work in laboratories, factories and program managers’ offices to build the technical foundations for the next generation of aerospace vehicles and missions.

By Robert Hotz4 min

2021
SPACE TECHNOLOGY

Mission Growth Planned for Biosatellite

System is being designed for in-orbit lifetime greater than 30 days; more complex experiments planned.

By Edward H. Kolcum4 min

2223
MANAGEMENT

Flights Replace Hours as Measuring Unit

By Larry Booda4 min

December 231963 January 61964