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Airco, Inc. - 1970's dated Aviation Stock Certificate

Inv# GS6413   Stock
State(s): New York
Years: 1972 or 1971
Color: Orange or Green

Stock printed by American Bank Note Company. The Aircraft Manufacturing Company Limited (Airco) was an early British aircraft manufacturer. Established during 1912, it grew rapidly during the First World War, referring to itself as the largest aircraft company in the world by 1918.

Airco produced many thousands of aircraft for both the British and Allied military air wings throughout the war, including fighters, trainers and bombers. The majority of the company's aircraft were designed in-house by Airco's chief designer Geoffrey de Havilland. Airco established the first airline in the United Kingdom, Aircraft Transport and Travel Limited, which operated as a subsidiary of Airco. On 25 August 1919, it commenced the world's first regular daily international service.

Following the end of the war, the company's fortunes rapidly turned sour. The interwar period was unfavourable for aircraft manufacturers largely due to a glut of surplus aircraft from the war, while a lack of interest in aviation on the part of the British government also hampered its prospects. Airco quickly became unprofitable; during 1920, the firm was sold to Birmingham Small Arms Company, after which its operations were liquidated later that same year. Numerous assets and personnel formerly belonging to the company were integrated into the newly established de Havilland Aircraft Company. Read more at https://en.wikipedia.org/wiki/Airco

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Condition: Excellent

A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
Price: $15.00