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...announcement, Pan American World Airways this week surprised and dismayed the American aircraft industry. The announcement: Pan Am has ordered three Comet jet liners from Britain's De Havilland Co. at an estimated cost of $6,300,000, they are the first foreign planes, according to the Air Transport Association, ever ordered by a U.S. line. Pan Am, which expects to get the planes in 1956, also has an option to purchase seven more for delivery in 1957. As a warning to U.S. planemakers, Pan Am's President Juan Trippe added: the deal with De Havilland would "permit...

Author: /time Magazine | Title: AVIATION: Comets for Pan Am | 10/27/1952 | See Source »

...buying (TIME, Sept. 8). The Comet III, said Trippe, will be powered by four Rolls-Royce Avon engines, and will be able to carry 58 first-class passengers (78 tourist class) at cruising speeds of 500 m.p.h. for 2,700 miles nonstop. It "will be the first jet transport," said Trippe, "able to operate efficiently over the principal routes of Pan American...

Author: /time Magazine | Title: AVIATION: Comets for Pan Am | 10/27/1952 | See Source »

...must 1) carry more passengers than present liners (the Comet now carries 36 to 44 passengers compared to 58 to 75 in a Constellation), 2) be even safer and more dependable, and 3) be as cheap to operate. "In the light of these requirements," said he, "no jet transport here or abroad . . . will be available prior to 1956 except in prototype form . . . The building of a prototype transport and its translation into a production airplane so that it will be available in quantities sufficient for fleet replacement will require most of another five-year period ending...

Author: /time Magazine | Title: Business & Finance: Jet Travel When? | 10/20/1952 | See Source »

...British jets, he added, have "a limited demand." But "we must draw a clear distinction between the supplemental operation of jet transports [with piston ships] as compared to the real objective which all of us are now aiming for, namely a type of jet air transport ... for complete fleet replacement...

Author: /time Magazine | Title: Business & Finance: Jet Travel When? | 10/20/1952 | See Source »

...facts clearly show that the type of air transport capable of meeting the requirements for worldwide fleet replacement does not exist; such an aircraft still is pretty much on the drawing board both here and abroad. At this time, this country has a distinct advantage from the standpoint of future power plants both as to size and fuel economy. The realistic conclusion ... is that we are not behind the British with respect to the jet transports that will comprise the air fleets of the future. Rather, we are probably in position to accomplish more quickly the final objective of world...

Author: /time Magazine | Title: Business & Finance: Jet Travel When? | 10/20/1952 | See Source »

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