Germany: Looking for a Lift

The only segment of West Germany's economy that has failed to recover from World War II is the one in which pre war Germans placed their greatest pride: the aircraft industry. Germany's famed planemakers, who once turned out 48,000 aircraft a year and employed 1,000,000 workers on behalf of the Third Reich, found peace something of a burden. They have developed no important new aircraft, employ only 32,000, and are facing their biggest post war crisis in the phasing out of their contracts to produce Lockheed and Fiat fighters for the German Air Force. But the industry is...

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