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Private planes boom as postwar business tool grows
The private plane industry, once sputtering, drives a booming business travel sector. In 1950 over 90,000 nonmilitary, noncommercial planes operate in the U S, with fleets at firms like Chesapeake and Ohio and Chicago and North Western using private jets. Major manufacturers Beech, Cessna and Piper saw factory sales jump from 19 million in 1950 to 176 million, as corporate jets and lighter two seaters push up prices. Sam Dawson is on vacation.
MENTIONED IN THIS ARTICLE
Philip J. Keuper
NEW York (Ap
Privat A Siation
United States
New Yorks
la Guardia
Chesapeake and Ohio Railway
Chicago & North Western
Grumman Aircraft Engineering Corp
Bulding
Lockheed
Boeing
Beech Aircraft
Cessna Aircraft
Piper