Word: 10s
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...Vickers Super VC10 passenger jets for the simple reason that Boeing 707s are more economical. Since Vickers was having trouble selling its plane to any non-British airline, the move provoked an angry outcry; in 1964 the government ordered BOAC to buy 17 of the Super VC 10s after...
Liquid hydrogen is the fuel for two important U.S. rocket engines-Pratt & Whitney's RL-10 and Rocketdyne's J2. The RL-10 powers the second stage of Saturn 1, scheduled for early Apollo flights; two RL-10s combine to form the Centaur stage of the Atlas-Centaur system built to soft-land Surveyor spacecraft on the moon. J-2 forms the second and third stages of the Saturn V designed for Apollo's man-carrying lunar missions. In the near future, violent but versatile liquid hydrogen may become still more familiar as a fuel for supersonic...
...carries 180 passengers v. the Boeing 707's 189, will be more expensive to purchase ($11.2 million each), operate and maintain. BOAC was ready to buy eight 707s to add to its present 20, in fact, but the British government persuaded the line to buy 17 Super VC 10s instead as an aid to the ailing British aircraft industry; as a sweetener, the government cancelled BOAC debts totaling $308 million. So far, British Aircraft has had trouble selling the planes outside of Britain (total sales to date: 20, plus 15 of a slightly smaller VC 10). It is hoping...
British Aircraft must sell 100 VC 10s just to break even on the plane-but few lines seem willing to forgo the profitable 707s for a newer plane with mixed advantages. The problem makes even bleaker the prospects for the British aviation industry, which has been in a steady decline in recent years. British Aircraft's earnings fell last year from $5.5 million to $2.8 million and the company withheld dividends, as Chairman Lord Portal euphemistically explained, "to provide against possible under-recoveries on development...
...Better Than No Worse. The compromise solution worked out last week pleased no one, and left BOAC's troubles unresolved. The government let BOAC off with the purchase of 17 of the 30 Super VC-10s; the Royal Air Force will take three, and production of the remaining ten will be suspended. To meet the payments of $9,000,000 per VC-10, BOAC now needs a larger handout, or perhaps even a write-off of part or all of its accumulated $224 million deficit. Said Sir Giles: "The government will ensure that financially we will...