New Standard Aircraft Company

Last updated
New Standard Aircraft Company
Industry Aerospace
Founded1927
Headquarters Paterson, New Jersey
Key people
 Ivan R. Gates, co-founder; Charles H. Day, co-founder, president
ProductsGeneral aviation aircraft
Subsidiaries New Standard Flying Services

The New Standard Aircraft Company was an airplane manufacturing company based in the United States. It operated from 1927 until 1931.

Contents

Corporate history

The company was originally formed as the Gates-Day Aircraft Company on October 17, 1927, in Paterson, New Jersey. [1] The founders were Ivan R. Gates (owner of the famous Gates Flying Circus) and Charles H. Day (an aviation engineer with the Standard Aircraft Corporation). [1] [2] The company initially updated the Standard Aircraft Corporation's Standard J-1 United States Army aircraft trainer and then sold it on the civilian market. [1] The firm built a number of biplanes on the J-1 model, including the Gates-Day D-25, GD-23, and GD-24. [1]

Day left the company in April 1928, and Charles L. Augur became its new president. [1] With more stable finances, the company changed its name to the New Standard Aircraft Company on December 29, 1928. [1] [3] The company at one time considered merging with six other, unnamed aviation firms to form a much larger manufacturing concern, [4] but this plan was never acted on. The company continued to develop a large line of aircraft, but the onset of the Great Depression left it significantly weakened. [1] Day returned to the firm as president in 1930, but sold his financial interest in the company in the spring of 1931. [1] [2] [5] The company went bankrupt later that year. [1]

Despondent over the collapse of his company, Gates committed suicide on November 24, 1932. [6]

Aircraft developed

References

  1. 1 2 3 4 5 6 7 8 9 Pattillo, Donald M. A History in the Making: 80 Turbulent Years in the American General Aviation Industry. New York: McGraw-Hill, 1998, pp. 12-13.
  2. 1 2 Xu, Guangqiu. War Wings: The United States and Chinese Military Aviation, 1929–1949. Westport, Conn.: Greenwood Press, 2001, p. 75-76.
  3. ↑ Mondey, David. The Complete Illustrated Encyclopedia of the World's Aircraft. New York: A & W Publishers, 1978, p. 237.
  4. ↑ "6 Aircraft Companies Plan $5,000,000 Fusion." New York Times. December 21, 1929.
  5. ↑ "Flying Couple Back From World Trip." New York Times. December 21, 1931.
  6. ↑ "Gates, Stunt Flier, Ends Life By Leap." New York Times. November 25, 1932.
  7. ↑ The designation NT-2 does not refer to the NT-1 version of the New Standard D-29 but to two New Standard D-25s captured from smugglers and used by the United States Coast Guard. See: Swanborough, Gordon and Bowers, Peter M. United States Navy Aircraft Since 1911. 2nd ed. London: Putnam, 1976, p. 456.
  8. ↑ Swanborough, Gordon and Bowers, Peter M. United States Navy Aircraft Since 1911. 2nd ed. London: Putnam, 1976, p. 456.

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