Business & Commercial Aviation News from April 1965Jessica A. Salerno
The April 1965 issue of Business & Commercial Aviation included these news items as well as the aircraft in the image gallery:
- "If we were to tag the last 24 months in business aviation with a name, it in all probability would be the 'Years of the Business Jets.'" – B&CA Staff.
- Looking at flying hours, business aviation accounts for about 40% of the total hours flown by general aviation. And who is buying? Business, primarily. Large business, small business and individuals who plan to use them for business.
- The new Mustang for the aerial high roads in a Mooney Mk 22, the first pressurized single engine aircraft in general aviation. The twin version is reported in the works.
- A succession of the highest Gross National Product (GNP) years in our country's history. In 1964 GNP totaled $635 billion; for this year, educated estimates say it will soar to a staggering $660 billion. Corporate profits are at an all time high. Profits after taxes for 1964 are estimated to be a record-shattering $31.9 billion. Forecasts points to a further rise of 5% — to $33.5 billion — for this year.