AVIATION: Jets for Eastern

Eastern Air Lines' Captain Eddie Rickenbacker last week plotted the course that will take his airline into the jet age with a rush. In Manhattan Chairman Rickenbacker announced a $350 million, five-year plan for three new fleets of airliners —piston, turboprop and pure jet—to be paid for out of Eastern's future earnings and put into service in three giant steps.

It was the biggest single airline expansion program in history, and Captain Eddie had laid out his timetables with the precision of a flight around the world.

The new planes and their timetable:...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!