Business & Finance: When Will It Fly?

For months the aviation industry has speculated on whether or when the world's biggest airplane would ever fly. Last week speculation turned to skepticism. Reason: Charles W. Perelle, the crack production man who had been hired to complete Howard Hughes' 212-ton, 750-passenger flying boat, quit his job in a huff.

Some 18 months ago, Hughes had hired Perelle away from his vice presidency at Consolidated Vultee, given him $75,000 a year to be vice president and general manager of the Hughes Tool Co., manager of the Hughes Aircraft Co., and a director of Transcontinental & Western Air. Those familiar with the eccentric...

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