Airplane Manufacturing
Fairchild soon realized that existing planes were not suitable for the type of maneuvering and extreme conditions that were often encountered during aerial photography. In 1925 Sherman Fairchild, formed the Fairchild Aviation Corporation in Long Island, New York. Fairchild founded the company to build the FC-1, an aircraft specifically designed to provide accurate aerial mapping and surveying. Fairchild was a dominant force in the aviation industry during this period, becoming one of the nation's largest manufacturers of commercial aircraft. Between 1927 and 1930, the company delivered over 300 of the FC-2, the production version of the FC-1 aerial mapping aircraft The aircraft could hold up to five passengers and could also be equipped with float or ski landing gear. The FC-2 was later chosen to accompany Charles A. Lindbergh on his 23,000-mile (37,000 km) tour of America. It also carried the first international airmail from Key West, Florida to Havana, Cuba. In the short span of 9 months, Fairchild went from initial production to being the second largest aircraft producer in the world.
Fairchild went on to create, purchase, merge and sell his aviation company countless times. He incorporated Fairchild Aviation Corporation as a holding company for all his other endeavors, with two of its largest subsidiaries being the Fairchild Airplane Manufacturing Corporation of Farmingdale, New York and the Kreider-Reisner Aircraft Company of Hagerstown, Maryland. The Aviation Corp (AVCO) purchased Fairchild Aviation and its subsidiaries in 1930; however, in the following year Fairchild repurchased Fairchild Aviation Corp and eventually all its subordinate companies. In 1936, Fairchild Aviation divested all of its aircraft manufacturing interests into the new Fairchild Engine and Airplane Co.
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Famous quotes containing the word airplane:
“If we did not have such a thing as an airplane today, we would probably create something the size of NASA to make one.”
—H. Ross Perot (b. 1930)