Members of the Transport, Telecommunication and Energy Council of the European Union have accepted a proposal by the European Commission to assume control of Galileo, the European satellite-based navigation program.
The new owners of Hawker Beechcraft are starting on a high note. The company announced greatly improved first-quarter earnings last week, with net sales in the first quarter of this year up 32.3 percent from the same period a year ago, to $667.8 million.
NBAA is gearing up to celebrate its 60th anniversary at this year’s annual meeting and exposition in Atlanta. The convention, which will also honor the centennial of manned flight in Georgia, will run from September 25 to 27.
Avions de Transport Régional (ATR) is sharing in the booming regional market and the upswing in orders for short-haul turboprop aircraft, with this year already proving fruitful after two record years.
France’s Aerospace Valley, with 94,000 jobs at 1,300 companies (including approximately 1,000 small and medium-sized enterprises– SMEs) and 8,500 research positions, has emerged on the industry map as Europe’s only true aerospace cluster.
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