The Waterman Aerobile on display at the Smithsonian.
In 1934, the Bureau of Air Commerce recognized the Waterman Arrowplane as one of two award-winning designs for its flivver (light, easy-to-fly, affordable) aircraft competition. The Waterman Aerobile #6 is the improved version of the design. The Arrowplane was initially designed in response to U. S. Bureau of Air Commerce Chief Eugene Vidal’s initiative AB-205 for “everyman’s safe, low-cost, airplane.” The target price of $700 for a flivver aircraft was widely ridiculed as too low, even at depression prices, because of practical engine and manufacturing costs, but Vidal found significant general interest in the concept. (Pics)