Aeronautics: Cord at the Stick

Errett Lobban Cord, automobile salesman, decided in 1924 that he wanted to be a manufacturer. Within a year he was president of Auburn Automobile Co.; within another few months he had 70% of its stock. In the next few years he wriggled, pushed, fought his way to a commanding position in the motor industry.

It was in January 1931 that Mr. Cord entered the air transport business with the announced ambition of heading "the largest passenger and express unit in the world." His first move was the creation of Century Air Lines, providing an...

Want the full story?

Subscribe Now


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

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!