Pégoud Receiving the Croix de Guerre
The term "ace" was first used in World War I when French newspapers described Adolphe Pégoud (1889–1915) as l'as (French for "ace") after he shot down five German aircraft. After serving in the French Army he pursued a career in aviation and received his private pilot's license in March 1913.
While he was a test pilot for Blériot, he was credited with being the first aviator to fly a loop, although it was discovered much later that a Russian pilot had preceded him by 13 days and, also to be the first pilot to jump with a parachute from his aircraft. Joining the French Air Service he was assigned to fly a Maurice Farman over the Argonne sector, where he achieved his five victories.
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After gaining a sixth victory, Pégoud was shot down and killed 31 August 1915 by one of his prewar students, Walter Kandulski.
Sources: Tony Langley Collection, Wikipedia, Traces of War and The Aerodrome.com