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Supersonic Transport / Concorde / Sonic Boom / Problems #203462

CBS Evening News for Wednesday, Apr 09, 1969
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(Studio) 1st British-built Concorde takes test flight. To fly from New York City to London in 3 1/2 hrs. by 1973. American supersonic transport on drawing board.
REPORTER: Harry Reasoner

(DC) supersonic transport sonic boom presents problem. Federal Aviation Administration says supersonic transport won't fly over land. Institute for Defense Analyses report shows water route would keep market small, so government wouldn't get money (90% cost) back. Federal Aviation Administration ignores report Says market exists. [Senator William PROXMIRE - says Federal Aviation Administration has conflict of interest. SST program should be ruled by other agency.]
REPORTER: Bruce Morton

(Stanford University) [Law Prof. William BAXTER - says government may have to allow overland routes or kiss billions goodbye.]
REPORTER: Bill Stout

(Seattle, WA) [Boeing supersonic transport Director H. W. WITHINGTON - says studies show 500 plane market by 1990 if fly overland.]
REPORTER: Bruce Morton

(DC) United States government spent $500 million on supersonic transport and may spend $4.5 billion. Boeing has two loopholes, so it won't have to pay government back. Won't pay back until 100 sold. [PROXMIRE - says money spent on frills, not what US needs.]
REPORTER: Bruce Morton

(Stanford University) [BAXTER - says if private industry wants to finance it, why not?]
REPORTER: Bruce Morton

(DC) [Senator Henry JACKSON - says no commercial company could take risk.] Airline executives want jumbo jets rather than SSTs because it's a moneymaker.
REPORTER: Bruce Morton

(Seattle, WA) [WITHINGTON - says we don't know how good supersonic transport will be.]
REPORTER: Bruce Morton

(Stanford University) [Transportation Studies Director Carl RUPPENTHAL - says aviation money could best be spent on getting to and from airports. Supersonic transport to let us get there twice as fast and wait in holding stack twice as long.]
REPORTER: Bill Stout

(DC) Research to be continued with no actual construction.
REPORTER: Bruce Morton

(Studio) Baxter report available.
REPORTER: Harry Reasoner

Reporter(s):
Morton, Bruce;
Reasoner, Harry;
Stout, Bill
Duration:
00:07:20

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