World War I ace Edward V. Rickenbacker buys a majority stake in Eastern Air Lines from North American Aviation for $3.5 million. That sum would roughly cover the cost of a single engine for a Boeing 757 today.
In order to deny China “sanctuaries” from which it can launch air and missile salvos during a potential invasion of Taiwan, the U.S. Air Force needs to buy far more B-21 bombers and F-47 fighters than currently planned, according to a new report from AFA’s Mitchell Institute for Aerospace Studies.


