LYCOS RETRIEVER
Boeing: Airlines
built 656 days ago
After the war, most orders of bombers were canceled and 70,000 people lost their jobs at Boeing. The company aimed to recover quickly by selling its Stratocruiser, a luxurious four-engine commercial airliner developed from the B-29. However, sales of this model were not as expected and Boeing had to seek other opportunities to overcome the situation. The company successfully sold military aircraft adapted for troop transportation and for aerial refueling.
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Sources in Washington, D.C., said Boeing was forced to move quickly and dramatically to convince Wall Street it was serious about competing in a new environment. More importantly, it comes as Congress is writing a $20 billion bill to bail out airlines.
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