When legendary American Airlines PresidentCyrus Rowlett (“C.R.”) Smith placed the commitment that launched the DC-3 in 1934, he was in “a cold sweat, because he just didn’t have the money to pay for them,” according to Donald Douglas Sr., famed founder of Douglas Aircraft Co. As the airline industry marks the 75th anniversary of the DC-3’s first flight in December 1935, that aspect of commercial aviation has not changed although almost everything else ...

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