Business & Finance: Half a Million Planes

"Before 1950," said an OWI report on air transport this week, "the United States may well have half a million private, commercial and military planes in active service." The report added that "this may seem like a lot" (it is 1,152 times the peak number of planes that all U.S. air lines operated at home and abroad before the war). Other OWI statistics on air transport :

¶Aircraft production this year will amount to $20.1 billion— one-fourth of the entire U.S. war budget, one-seventh of the U.S. national income. Next year, production is supposed to...

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