e/Detroit Aircraft Corporation

Information
has gloss	eng: The Detroit Aircraft Corporation was incorporated in Detroit, Michigan USA July 10, 1922, as the Aircraft Development Corp. the was name changed in 1929. The Detroit corporation owned the entire capital stock of the Ryan Aircraft Corp., Aircraft Development Corp., Aviation Tool Co., Groose Airport, Inc., Marine Aircraft Corp., Park's Air College and Affiliated Companies, Detroit Aircraft Export Co., Gliders, Inc., and Eastman Aircraft Corp. It also owned a 90% interest in the Blackburn Aircraft Corp., practically all of the capital stock of Lockheed Aircraft Co. and a 40% interest in Winton Aviation Engine Co. The stock market crash, plunged the USA into the Great Depression. As the Depression deepened, the Detroit Aircraft holding company found that rising losses from other operations draining it of any profit. On October 27, 1931, the Detroit Aircraft Corporation went into receivership.
lexicalization	eng: Detroit Aircraft Corporation
instance of	c/Companies based in Michigan