With a splash of purple-worded publicity ("breakfast in London . . . predinner swim at Waikiki"), U.S. commercial aviation last week made its long-awaited move to jet-propelled aircraft. Pan American World Airways signed contracts for 25 Douglas DC-8s and 20 Boeing 707 four-jet airliners. It was the first deal to buy U.S. commercial jets. Total price: $269 million, the biggest in airline history. The deal is certain to be followed by plane purchase orders from other carriers. National Airlines is expected to sign for six DC-8s on which it took a verbal...
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