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Special (Aircraft Industry) #490180

NBC Evening News for Monday, Sep 27, 1976
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(Studio) Aircraft industry in slump. 1000's laid off. Airlines lose money; can't buy new planes.
REPORTER: David Brinkley

(West Coast Area) Lagging industry featured in several places, include Seattle's Boeing plant; McDonnell Douglas, Long Beach, California. [President Boeing Aircraft E. H. BOULLION - outlines problems.] New models, using less fuel noted. [President Douglas Aircraft Company John BRIZENDINE - speaks of costs to get into production.] Loss in airline travel noted. Business is better, but fares lag behind con- sumer price index. Salaries have risen 66% in last 5 years Fuel up 300% in 4 years [Chairperson UAL, Incorporated, Edward E. CARLSON - talks of inability of airlines to borrow money.] Higher fares and government assistance said needed. Issue may be forced soon. Noise level of old jets noted.
REPORTER: Roy Neal

Reporter(s):
Brinkley, David;
Neal, Roy
Duration:
00:04:30

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