Aeronautics: Return of a Name

Three or four years ago when every long-distance flight or airline merger made front page news, the public was well aware of the name of Fairchild. Besides being the name of the world's most famed aerial camera, it denoted a good airplane. Fairchild cabin jobs flew mail & passengers, flew prospectors to Canadian gold fields, news photographers to disaster scenes. Like nearly everything else in aviation Fairchild had its slump. As a subsidiary of Aviation Corp. it lost $2,100,000 in 1929, $870,000 in 1930. Next year Sherman Mills Fairchild, its shrewd young president,...

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