Aeronautics: Fairchild Solo

Fair child Aviation Corp., outgrowth of Fairchild Aerial Camera Corp. formed ten years ago by youthful Sherman Mills Fairchild, is a holding company held in turn, until last week, by Aviation Corp. It included Fairchild Airplane Manufacturing Corp., Fairchild Engine Corp., Kreider-Reisner Aircraft Co. Inc., Fairchild Aerial Camera Corp. and Fairchild Aerial Surveys, Inc. Of late, Fairchild Airplane Manufacturing Corp. and Fairchild Engine Corp. have operated at heavy losses; large expenditures would be necessary for experimentation and development of new products before the plants could be operated on a paying basis. Fairchild...