Thanks for tracking down the specific incident! If I remember correctly, the obvious cycling issue got figured out pretty early (60’s?) - due to other earlier accidents, that part wasn’t a surprise and they thought they had figured out how to deal with it.
There was a presumption that like steel and several other materials, once it hit a specific low stress point the fatigue life became infinite, and that point was just so much lower for aluminum it just LOOKED like it has no infinitive fatigue life point.
I would have suspected this story was out of the early days of the big airliners.