Time Clock, Aug. 29, 1955

JET AIRLINER DECISION is expected to be made within a month by major U.S. airlines. Executives from United, T.W.A., American, Eastern and Pan American have reached the horse-trading stage with rival Planemakers Douglas and Boeing, are shuttling between the two firms dickering over prices and specifications on the Douglas DC-8 and Boeing 707. United President William A. Patterson has put spurs to both by stating that he will soon order 25 jets worth $125 million "from either Douglas or Boeing," depending on which has the better plane. Orders at stake: possibly 125 planes,...

Want the full story?

Subscribe Now

Subscribe
Subscribe

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!