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Avco
Avco Corporation is a subsidiary of Textron, which operates Textron Systems Corporation and Lycoming. History The Aviation Corporation was formed on March 2, 1929, to prevent a takeover of CAM-24 airmail service operator Embry-Riddle Company by Clement Melville Keys, who planned on buying Curtiss aircraft rather than Sherman Fairchild's. With capital from Fairchild, George Hann, Lehman Brothers, and W. A. Harriman, the holding company began acquiring small airlines. By the end of 1929, it had acquired interests in over 90 aviation-related companies. In January 1930, the board broke off the airlines into Colonial and Universal Air Lines. Universal Air Lines name was changed to American Airways, and later merged with Colonial to form American Airlines. The company was required to divest American Airlines in 1934 due to new rules for air mail contracts. The Aviation Corporation ranked 32nd among United States corporations in the value of World War II production contracts ...
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Lycoming Engines
Lycoming Engines is a major American manufacturer of aircraft engines. With a factory in Williamsport, Pennsylvania, Lycoming produces a line of horizontally opposed, air-cooled, four, six and eight-cylinder engines. The company has built more than 325,000 piston aircraft engines and powers more than half the world's general aviation fleet, both rotary and fixed wing."History: Decades of Pioneering Spirit"
official website of Lycoming Engines, retrieved August 9, 2023
Lycoming has been a principal pioneer of turbine engines for medium and large helicopters, and has also produced engines for small jetliners and business jets.Angelucci, Enzo: ''Airplanes: From the Dawn of Flight to the Present Day,'' 1982 ed., Greenwich House / Arlington House, U.K.; retrieved Aug ...
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Sherman Fairchild
Sherman Mills Fairchild (April 7, 1896 – March 28, 1971) was an American businessman and investor who founded over 70 companies, including Fairchild Aviation, Fairchild Industries, and Fairchild Camera and Instrument. Fairchild made significant contributions to the aviation industry and was inducted into the National Aviation Hall of Fame in 1979. His Semiconductor Division of Fairchild Camera played a defining role in Silicon Valley. He held over 30 patents for products ranging from the silicon semiconductor to the 8-mm home sound motion-picture camera. Fairchild was responsible for inventing the first synchronized camera shutter and flash as well as developing technologies for aerial cameras that were later used on the Apollo Missions. Early life and education Born in Oneonta, New York, Sherman Fairchild was the only child of George Winthrop Fairchild (1854–1924) and Josephine Mills Sherman (1859–1924). His father was a Republican Congressman as well as a co-found ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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American Airlines
American Airlines, Inc. is a major airlines of the United States, major airline in the United States headquartered in Fort Worth, Texas, within the Dallas–Fort Worth metroplex, and is the Largest airlines in the world, largest airline in the world in terms of passengers carried and daily flights. American, along with its regional subsidiaries and contractors operating under the brand name American Eagle (airline brand), American Eagle, operate an extensive international and domestic network with almost 6,800 flights per day to nearly 350 destinations in 48 countries. The airline is also a founding member of the Oneworld alliance, one of the world's three major airline alliances. American Airlines and American Eagle operate out of ten hubs, with Dallas/Fort Worth International Airport (DFW) being the largest. The airline serves more than 200 million passengers annually, and averages more than 500,000 daily. , the company employs 103,440 staff members. History American Air ...
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Wien Air Alaska
Wien Air Alaska (IATA: WC) was a United States airline that was the result of a merger of Northern Consolidated Airlines (NCA) and Wien Alaska Airways (WE). It initially used the name Wien Consolidated Airlines (WC) following the merger in April 1, 1968. In August 1, 1973, Wien Consolidated became Wien Air Alaska. The company was famous for being the first airline in Alaska, and one of the first in the United States. It ceased operations on 23 November 1984, at which point it was operating as Wien Airlines. History Noel Wien flew an open-cockpit biplane, a Standard J, Hisso Standard J1 from Anchorage, Alaska's Delaney Park Strip, "Park Strip" to Fairbanks, Alaska on 6 July 1924 for Alaska Aerial Transportation Company. In 1925, Wien purchased a Fokker F.III monoplane with a cabin built in 1921 in Amsterdam for the Fairbanks Airplane Company, and it was shipped to Seward, Alaska, by boat, then shipped in pieces via the Alaska Railroad to Fairbanks. Ralph Wien, Noel's brother, cam ...
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Fairchild Aircraft
Fairchild was an American aircraft and aerospace manufacturing company based at various times in Farmingdale, New York; Hagerstown, Maryland; and San Antonio, Texas. History Early aircraft The company was founded by Sherman Fairchild in 1924 as Fairchild Aviation Corporation, based in Farmingdale, and East Farmingdale, New York. It was established as the parent company for Fairchild's many aviation interests. The company produced the first US aircraft to include a fully enclosed cockpit and hydraulic landing gear, the Fairchild FC-1. At some point, it was also known as the Fairchild Aircraft Manufacturing Company. The Fairchild Aircraft Ltd. of Longueuil, Quebec, Canada was an aircraft manufacturer during the period of 1920 to 1950, which served as a subsidiary of the Fairchild company of the United States. The Fairchild Engine Company was formed with the purchase of the Caminez Engine Company in 1925. In 1929, Sherman Fairchild purchased a majority stock interest in Krei ...
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Canadian Colonial Airways
Colonial Airlines was a United States trunk carrier, a scheduled airline that operated from 1928 to 1956 with bases at LaGuardia Airport (LGA) in New York City and at Montréal/Saint-Hubert Airport in Montreal, Quebec, Canada, before merging into Eastern Air Lines. History It was founded as Canadian Colonial Airways on 6 March 1928 to operate Foreign Air Mail Route No. 1 (FAM-1) from New York to Montreal via Albany, New York. Services began to Canada on 1 October 1928, in conjunction with Canadian Colonial Airways, Ltd. its 100%-owned Canadian subsidiary. The Fairchild FC-2 was among the aircraft types used. Pursuant to the Civil Aeronautics Act of 1938, the Civil Aeronautics Authority (CAA) of the United States certificated the US version of the airline as a United States scheduled airline on January 9, 1940. Thereafter, the Civil Aeronautics Board (CAB), which succeeded the CAA in 1940, regulated Canadian Colonial Airways as a trunk carrier. However, the CAB refused a forei ...
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Southern Air Transport (1929)
Southern Air Transport was a regional airline based in Dallas, Texas that became a division of American Airlines. It was formed on , when businessman A. P. Barrett consolidated Texas Air Transport and several other small aviation companies. SAT was awarded CAM 29, the U.S. Postal Service route from New Orleans to Houston, in January 1929. Later that year SAT came under the control of the Aviation Corporation, the company that organized American Airlines. C.R. Smith was rewarded for running Southern Air as the most profitable division at American, by being promoted to president of American Airlines in 1934. See also * List of defunct airlines of the United States The following is a list of defunct airlines of the United States. However, some of these airlines have ceased operations completely, changed identities and/or FAA certificates and are still operating under a different name (e.g. America West Ai ... References Defunct airlines of the United States Airline ...
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Citigroup
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, the bank holding company for Citibank, and The Travelers Companies, Travelers; Travelers was spun off from the company in 2002. Citigroup is the List of largest banks in the United States, third-largest banking institution in the United States by assets; alongside JPMorgan Chase, Bank of America, and Wells Fargo, it is one of the Big Four (banking)#United States, Big Four banking institutions of the United States. It is considered a Systemically important financial institution, systemically important bank by the Financial Stability Board, and is commonly cited as being "too big to fail". It is one of the eight global investment banks in the Bulge Bracket. Citigroup is ranked 36th on the Fortune 500, ''Fortune'' 500, and was ranked #24 in Fo ...
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White Farm Equipment
White Farm Equipment was a manufacturer of agricultural machinery, now discontinued and owned by AGCO. History In 1960, the White Motor Corporation entered the agriculture market with the purchase of the Oliver Farm Equipment Company. In 1962, White acquired the Cockshutt Farm Equipment Company of Canada. White increased its agricultural interests in 1963 with the acquisition of Minneapolis-Moline. In 1969, Oliver, Minneapolis-Moline and Cockshutt were merged to form White Farm Equipment with headquarters in Oak Brook, Illinois; White Motor Corporation's headquarters remained in Cleveland, Ohio Cleveland is a city in the U.S. state of Ohio and the county seat of Cuyahoga County, Ohio, Cuyahoga County. Located along the southern shore of Lake Erie, it is situated across the Canada–United States border, Canada–U.S. maritime border .... In 1975, Oliver, Minneapolis-Moline and Cockshutt were folded into the White brand. The green of Oliver, red of Cockshutt and ye ...
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Farm Machinery
Agricultural machinery relates to the machine (mechanical), mechanical structures and devices used in farming or other agriculture. There are list of agricultural machinery, many types of such equipment, from hand tools and power tools to tractors and the farm implements that they tow or operate. Machinery is used in both organic farming, organic and nonorganic farming. Especially since the advent of mechanised agriculture, agricultural machinery is an indispensable part of how the world is fed. Agricultural machinery can be regarded as part of wider agricultural automation technologies, which includes the more advanced digital equipment and agricultural robotics. While robots have the potential to automate the three key steps involved in any agricultural operation (diagnosis, decision-making and performing), conventional motorized machinery is used principally to automate only the performing step where diagnosis and decision-making are conducted by humans based on observations an ...
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