The
Burnelli Conspiracy (continued)
About 1970, I commenced getting rumors that the retired
president of General Motors, Ed Cole, had started a company to
develop a family of large airplanes for the purpose of
delivering cars, parts and general cargo worldwide at vastly
reduced rates. I then heard that T. A. Wilson, present
Chairman of Boeing, had learned of the rather extraordinary
wind tunnel results from models, tested at Michigan
University. He flew to Detroit, met Ed Cole, and a deal was
struck whereby Boeing would build the airplanes under a joint
venture with Cole's Company, called International Husky.
Then, some publicity pictures of the aircraft, now called
the Boeing 754, began appearing in the Aviation Press. It was
not surprising to me to see that the Boeing 754 was a direct
steal from existing Burnelli patents. Shortly thereafter, I
received a call in my London home from a European Airline
President, who was in Seattle picking up a new B-727. He said
that Boeing's Vice President Sales, Clarence Wilde, had
introduced him to Ed Cole. The two of them took him to a
hangar to see the airplane of the future which, they advised,
he should sign up for right away! My friend took one look at
the mock-up and exclaimed: "Good God, it's a Burnelli!" "What
about Burnelli and Slick Goodlin?" Wilde and Cole replied:
"Oh, they are being taken care of." What was meant by that is
yet to be determined.
(continued...) |
FORTUNE Magazine / April 1977 issue
TAXI DRIVER
"I am not exactly the type to sit around a club waiting for
something to happen," says Edward N. Cole,, 67, former
president of General Motors. Even before he retired in 1974,
Cole got active in a company called International Husky. Its
lofty aim is to revolutionize the country's airfreight system,
using a giant new jet cargo plane, the Boeing 754. Yet to be
built, the B754 would lift almost twice the tonnage of an Air
Force C5A, the present heavyweight champ. Cole-an engineer who
has amassed about twenty patents-also set about adapting an
internal combustion engine to use pollution-free
fuels.. |