Time Clock, Nov. 28, 1955

JET TRANSPORT RACE is spreading fast among foreign airlines. Holland's K.L.M., first foreign line to sign up, has ordered eight Douglas DC-8s, worth $50 million (total Douglas orders so far: 61 planes v. 50 Boeing 707s), for delivery starting in March 1960. Scandinavian Airlines will soon order from six to ten jets, while Air France, Japan Air Lines and Swissair are all negotiating with Douglas or Boeing.

BUY-AMERICAN POLICY will be toughened up to double the price edge given some U.S. firms competing with foreign companies for Government contracts. Instead of the previous 6% differential, the Interior Department will award future contracts...

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!