The Aircraft Disposals Company
(ADC) or Airdisco, was a British firm established in March 1920
to take advantage of the large number of World War I surplus
military aircraft on the market. One of the founders was Frederick
Handley Page, the British aviation pioneer. ADC bought the entire
available stock of surplus aircraft engines and spares, including
10,000 airframes and 30,000 engines, for the sum of £1,000,000
plus a share of any profits. Many ex-military aircraft were converted
to various civil roles before being sold on while others were
sold to military buyers. By 1925, it had sold 2,000 airframes
and 3,000 engines, generating profits of over £2,500,000,
of which half was returned to the British Treasury. The company
had several sites across Britain including 11 acres (45,000 m2)
of Regent's Park in London known as Marylebone Green. Three of
the National Aircraft Factories became part of the Aircraft Disposal
Company including Aintree in Liverpool, Waddon in Croydon, and
at Stockport near Manchester. Registered Office. The company
became known as Airdisco from its telegraph address. The company
had offices at Regent House, 89 Kingsway London WC2. The company
name was changed to The Imperial & Foreign Corporation Ltd
and was finally wound up in 1930. |