“Bargain Sale” Of Airliners
(N.Z Press Association—Copi/riaht) LONDON, November 22.
Many airline chiefs forecast • that before long airliners now’ priced at £75.000 will be selling for about £60.000. according to an investigation by the Society of British Aircraft Constructors. It suggests a “huge bargain sale without queues or indeed any customers” may be on the way. i because jet and turbo-prop aircraft are taking over from pis-ton-engined airliners. The investigation showed there were more than 3500 large pistonengined airliners in service. Such types as Super Constellations. DC-6’s. and DC-7’s, will be up for sale to make way for fast turbine-powered planes, without which, it is claimed, no airline will be able to maintain its competitive position.
At the beginning of the year, a used Constellation or DC-6 could bring £500.000. but by June the prices w’ere halved and the buyers were getting more difficult to find. There were now more than 200 DC-7’s in service in the United States alone.
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Bibliographic details
Press, Volume XCVII, Issue 28752, 25 November 1958, Page 12
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160“Bargain Sale” Of Airliners Press, Volume XCVII, Issue 28752, 25 November 1958, Page 12
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