Through the survey work he became interested in aircraft manufacture, because no
existing airplanes seemed suitable for map making and charting. His first plane, finished
in 1927, had two important technological innovations-an enclosed cabin and folding wings.
Thousands of Fairchild airplanes subsequently were built; after World War II his airplanes
became widely used as the smaller ``feeder'' planes for commercial carriers, both in the
United States and abroad.
In 1931 he established the Fairchild Recording Equipment Corporation to carry out his
theories of sound recording, and he continued his camera interests by working out a front
projection background system.
Even in his later years, he continued developing new ideas, including fusing, safety,
and arming devices for missiles, teletypesetter and phototypesetter equipment, and offset
newspaper presses.
Of equal importance to his inventions was his ability to carry through these inventions
to creative and lasting organizations that brought the fruits of innovation into public
use. In the early 1950's, Fairchild, in an interview, stated,``You might call me a
promoter... these days I do little inventing. I do think I know when something is good in
the crude stage... how to talk to the man responsible for the idea, and how to get people
together to do something about it commercially.'' By this point he had become known as one
of the preeminent venture capitalists in the country (and was so recognized by cover
stories in, among others, Time and Business Week; the former called him ``the epitome of
the new scientist-businessman-inventor.'')
Fairchild was honored by his scientific and technological colleagues with fellowships
in the Institute of Aeronautical Sciences and in the Royal Aeronautical Society.