Alco Hydro-Aeroplane Company
Loughead returned to San Francisco in 1912 and went to work as an auto mechanic. There, he and his brother, Malcolm, spent their spare time building a three-place seaplane to operate from San Francisco Bay. They constantly ran out of money until they convinced Max Mamlock of the Alco Cab Company to invest $4,000 in the plane. Finally, after 18 months, their Model G was christened the ALCO NO. 1 in 1913, and Allan Loughead made a successful flight in it from the waters of the Golden Gate entrance to San Francisco Bay.
That first flight occurred on June 15, 1913. The flight reached an altitude of 300 feet and a speed of 60 miles per hour. Allan then returned to take Malcolm for a ride. The Model G made three flights that day.
Allan Lockheed recalled in 1942 that the Model G was built mostly with hand tools and called the aircraft "one of the first successful three place tractor seaplanes in the United States."
While the Model G, the first plane to bear the Loughead (Lockheed) name, was far ahead of its time, few would pay $10 to fly in it. Mamlock soon lost his enthusiasm for aviation and seized the plane. He told the Lougheads if they wanted it back, they would have to repay his $4,000. Consequently, in the hopes of striking it rich, the Loughead brothers spent two unsuccessful years prospecting in California's gold country.
With the financial aid of Paul Meyer, Allan and Malcolm Loughead bought the Model G back in 1915 and opened a flying concession at the Panama-Pacific International Exposition in San Francisco. In five months, they took 600 paying passengers aloft and netted $4,000. Henry Ford was one person who turned down a ride, saying, "I would not take even a straightaway flight four feet above the bay in anybody's aeroplane for all the money in California."
In early 1916, the Loughead brothers moved the operation to Santa Barbara, where they were swamped by people wanting to make their first flight. In addition, they made charter flights to the off-shore islands, and local movie companies used the plane to take special film footage from the air.
Read more about this topic: Allan Haines Loughead
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