U.S. Business: Jets for the Short Haul

At a signal from outgoing Commerce Secretary Luther Hodges in Washington, the giant doors of the Douglas assembly hangar in Long Beach, Calif., opened this week and out rolled the first U.S. entry in a rising competition among international planemakers. The competition is a struggle to win the huge potential market for short-to medium-range jets for the world's airlines. The U.S. plane is the DC-9, a trim, red-white-and-blue craft that Douglas has rushed out a month ahead of schedule. And just in time, too: the British twin-jet BAC One-Eleven has been flying away...

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 TIME.com

Learn more about the benefits of being a TIME subscriber

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