I remember watching this show. I think it in first run, once a week. At about the same time, the Whirlybirds series was on weekday afternoons in reruns just after its end. BTW, were there any producers or writers that the two shows had in common? I don't remember much of anything about the plots of the Ripcord episodes but from the summary above they do sound very similar to the Whirlybirds.
I did recognize Larry Pernell from this show when he come on Beverly Hillbillies in the recurring role of Dash Riprock.