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The
New Standard Aircraft Company
was an airplane manufacturing
company based in the United States.
It operated from 1927 until 1931.
The company was originally formed as
the
Gates-Day Aircraft Company
on October 17, 1927, in Paterson,
New Jersey. The founders were Ivan
Gates (owner of the famous Gates
Flying Circus) and Charles H. Day
(an aviation engineer with the
Standard Aircraft Corporation). 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. The firm built
a number of biplanes on the J-1
model, including the Gates-Day D-25,
GD-23, and GD-24.
Day
left the company in April
1928, and Charles L. Augur
became its new president.
With more stable finances,
the company changed its name
to the New Standard Aircraft
Company on December 29,
1928. The company at one
time considered merging with
six other, unnamed aviation
firms to form a much larger
manufacturing concern, 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. Day
returned to the firm as
president in 1930, but sold
his financial interest in
the company in the spring of
1931. The company went
bankrupt later that year.
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