NBC Evening News for Monday, Sep 27, 1976
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.
(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