Cessna’s first-quarter revenues of $556 million were up by $123 million from the same period a year ago, but the Textron division still managed to sustain a larger operating loss–$38 million versus $24 million last year.
AINalerts » April 21, 2011
While the LightSquared broadband wireless network’s potential to disrupt GPS signals has been widely publicized, a lesser known problem is the potential of the system’s high-power transmitters to interfere with satcom.
Berkshire Hathaway shareholder Mason Kirby filed a lawsuit on Monday against Berkshire Hathaway, company executives Warren Buffett and Charles Munger and other officers and directors, including director Bill Gates, as well as former NetJets chairman and CEO David Sokol.
Eurocopter this week delivered the 1,000th Dauphin medium twin, with the milestone copy going to India-based Pawan Hans Helicopters. The aircraft, an AS365N3, was handed over in an offshore configuration. Pawan Hans is the world’s largest civil operator of the model, with a fleet of 35 Dauphins.