FlightGlobal.com
Home
Premium
Archive
Video
Images
Forum
Atlas
Blogs
Jobs
Shop
RSS
Email Newsletters
You are in:
Home
Aviation History
1970
1970 - 0054.PDF
36 FLIGHT International, 8 January 1970 WORLD NEWS . . . should be unwilling to assist a company with a multi-million dollar earning poten tial and one "whose collapse would ham string the RAF beside throwing out of employment some 5,000 skilled workers"; and second, why the City should have been so acquiescent in accepting this "and other recent financial debacles." They continue, "If shareholders in a company of the stature of Handley Page can be dispossessed in such a manner, who can be so blind as not to read the writing on the wall and who, in future, will be prepared to entrust their savings to any except the largest consortia (and one or two of these have inspired mis givings in recent months)?" They also point out that the explana tion of the Stock Exchange quotation suspension—that it cannot be maintained for the securities of a company managed by a receiver and not carrying on busi ness—"appears strange, bearing in mind the period which elapsed after the ap pointment of the receiver before the sus pension." Unless the quotation is restored, shareholders in the old com pany (Handley Page Ltd) stand virtually no chance of seeing any of their money back. Biafran Air Strength Biafra now has 18 rocket-armed MFI Mili-trainers (or Minicons) and six AT- 6s, according to a report from Lisbon. It is through Portuguese territory that the Mili-trainers pass on their way to West Africa. The report said that a Gloster Meteor in Bissan, capital of Portuguese Guinea, was "expected to leave for Biafra in the near future." Record UK Air Exports The Society of British Aerospace Companies says that, with returns for the final month of 1969 still to come, Britain's air exports for 1969 are well on the way to being a record for any year in the industry's history and could exceed £300 million. Exports for November 1969 were £29,282,000, bring ing the total for the first 11 months of the year to £279,607,000. This total was £19,551,000 above the level reached at the same time in 1968. The January-November total, which compared with a figure of £260,056,000 for the same period of 1968, was made up as follows: aircraft and parts, £160,157,000; engines and parts, £108,222,000; guided weapons, £5,949,000; aeronautical instruments, £4.221,000; tyres, £1,058,000. The United States was Britain's largest customer for air equipment in the first 11 months of 1969, spending £41,143,000 on engines and parts and £23,984,000 on aircraft and parts. Export Mission to US Target area for the fourth British National Export Council aerospace mis sion to the United States is Los Angeles. With delegates from about 20 companies, it is due to leave London on February 22 as one of a series of BNEC missions visiting California as part of a trade drive. The intention is to visit all the main aircraft manufacturers and sub contractors on the West Coast. Some members of the mission may also go to Lockheed^-Georgi a. Falcon Manoeuvrability Increased Shortly before the announcement of the award of a contract to McDonnell Douglas for the F-I5 air-superiority fighter (see page 34), Hughes Aircraft Co stated that its AIM-4D Falcon air-to-air missile used by the USAF was to be equipped with a laser proximity fuze to help its "dogfight" capability. The com pany has been awarded a $5.2 million contract to develop and flight-test modi fications to the Falcon including an active optical (laser) proximity fuze, installation of a new warhead and an increase in manoeuvrability. Sperry's WG.13 Order Sperry Gyroscope has received an order worth £112,000 for compass systems for the development batch of Westland WG.13 helicopters. Two versions, one standard and one more complex, both in corporate a CL11 precision directional gyro, rack-mounted electronic unit and compass repeaters. Mach Three Visitor Edwards Air Force base, Calif, is currently playing host to one of the three Lockheed YF-I2A interceptors which is being used to gather data for the Boeing 2707 supersonic airliner. It is also investigating high-speed defence tactics Ryan's Change of Name Ryan Aeronautical Co of Lindbergh Field, San Diego, Calif, the company which built the Spirit of St Louis mono plane in which Col Charles Lindbergh made his solo Atlantic crossing in 1927 and which since February, 1969. has been a wholly owned subsidiary of Tele- dyne Inc, is now known as Teledyne Ryan Aeronautical. Canadian Helicopter Simulator Jay Procter Corporation, Edmonton, Canada, recently reported sales of its 'helicopter pilot trainer to the US Navy and the Argentine Government, and negotiations with the Japanese and Israeli Governments. Simulating all the flight characteristics of a conventional helicopter, the Jaycopter trainer weighs 24,0001b, 11.000kg. Russians at Hanover The USSR is expected to exhibit for the first time at this year's Hanover Show, which runs from April 24 to May 3. International interest in the show is reported to be high, the three exhibition halls being almost fully booked, though the showgroiind area is considerably larger than in 1968. "Flight" Index The index to volume 95—January- June 1969—of Flight is now available, price 5s (by post 5s 4d>, from Iliffe Transport Publications Ltd, Dorset House, Stamford St, London SE1. Readers' own copies to make up this volume can be bound (with index) at a cost of £2, return postage included; or binding case and index are available separately, price 12s, postage included. Copies for binding should be forwarded to IPC Business Press Ltd, Binding Dept 4/4a Iliffe Yard, London SE17, and remittance sent to the Publishing Depart ment at Dorset House.
Sign up to
Flight Digital Magazine
Flight Print Magazine
Airline Business Magazine
E-newsletters
RSS
Events
