BRITISH AEROPLANES.
BID FOR WORLD MARKET. SCHEME BEING DEVELOPED. LONDON. Feb. 3. The Daily Express says a far-reaching scheme is being developed, with strtpng financial backing, the object of which is to secure a world market for the British aeroplane industry. The paper £ays a sum of £1,000.000 has already been secured and manufacturing facilities have been acquired; also that Sir Henry Segrave has been engaged as principal technical adviser. Much larger financial assistance will be available directly the plans are developed. The British flying industry in the past has been heavily, handicapped by want of capital. Most machines have been designed and built by the Air Ministry whose needs are primarily naval and military. Therefore its designs are not necessarily suitable for commercial needs. Sir Henry Segrave has been travelling on the Continent and picking up ideas there about special needs and methods Large and luxurious flying-boats are to bo developed. They will bo worked in conjunction with the shipping companies. Development of private flying is also part of the scheme.
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New Zealand Herald, Volume LXVII, Issue 20481, 5 February 1930, Page 11
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172BRITISH AEROPLANES. New Zealand Herald, Volume LXVII, Issue 20481, 5 February 1930, Page 11
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