Gilbert W. Speed: 1933-2014
It is with great sadness that we report that Gilbert Speed, Founder of SpeedNews, has passed away. He was 81 years old on January 22.
Gilbert Speed spent more than 60 years in the aviation industry, beginning as a student apprentice in 1952 at The Bristol Aeroplane Company, now part of BAE SYSTEMS.
In 1957 he moved to the US and worked for Eastern Airlines in New York as a Development Engineer for the DC-8 and Lockheed Electra. In 1959, he joined Pan Am as a Structures Engineer, and later as an Aeronautical Engineer. At Pan Am, he worked on the specifications for the 727, 707 Freighter, Concorde, and Dassault Fanjet Falcon.
In 1968 he founded Transequip, now part of Telair International, which manufactured composite panels, cargo and baggage containers and cargo systems. He sold his interests in 1978.
In 1979, he founded SPEEDNEWS, the industry’s newsletter of record and the first newsletter to accept advertising. He later added two more publications, SPEEDNEWS DEFENSE BIWEEKLY and AIRCRAFT INSIDER, to the portfolio. And, in 1987, he launched the first annual SpeedNews Aviation Industry Suppliers Conference.
SpeedNews was purchased by Prism Business Media in September 2006, which also acquired Penton in February 2007. Prism Business Media is now known as Penton Media.
Mr. Speed was on the Board of Directors of KAPCO and LeFiell Manufacturing and on the Advisory Boards of M.C. Gill Corporation, Janes Capital Partners and Perfect Point EDM. He was also on the Board of the Aero Club of Southern California and has been a member of the SAE since 1959. A member of ISTAT since 1983, he was the recipient of the 2010 ISTAT Award.
He will be missed.