Word: aircrafts
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...emerges as a domestic threat. June's homeland-security appropriations bill included $60 million to study whether the antimissile technology currently used on military planes can be adapted for commercial use. Meanwhile, the Senate Commerce Committee is debating the commercial airline missile-defense act, which proposes equipping all commercial aircraft in the U.S. fleet (nearly 7,000 planes in all) with antimissile technology at a cost experts place, rather unexpertly, between $10 billion and $100 billion...
...each of the 270 victims of Pan Am Flight 103, downed over Lockerbie, Scotland, in 1988. He also sent a statement to the U.N. Security Council in which his country renounced terrorism and accepted responsibility for the actions of a Libyan spy found guilty of blowing up the aircraft. A U.S.-backed agreement calls on the U.N. to permanently lift sanctions on Libya, which were suspended in 1999 after Gaddafi handed over two suspects...
...Says "Fly Right" Charging undue favoritism, the European Union issued a warning after China Airlines, Taiwan's mostly state-owned carrier, ordered 24 engines from U.S. firm GE instead of the U.K.'s Rolls-Royce. GE admitted its engines are not even certified for the type of aircraft involved in the deal...
...private equity firm whose officers include former U.S. Defense Secretary Frank Carlucci and former Secretary of State James Baker, this month won E.U. clearance to buy Fiat's defense subsidiary, Fiat Avio, for about €1.5 billion. And now it's bidding for DaimlerChrysler's MTU, which makes military aircraft engines, and is also expected to fetch about €1.5 billion. Industry sources say Carlyle wants to put the two together. But first it must outbid U.S. rivals such as KKR and the Blackstone Group. And Economy Minister Wolfgang Clement said this month he wants the firm to remain German...
...reported on jetmaker Embraer in the May issue of TIME Global Business, the Brazilian up-and-comer has garnered fresh attention. Embraer recently announced that it would open a plant in Jacksonville, Fla., and start pursuing U.S. defense and homeland-security contracts. (Embraer already sells a line of surveillance aircraft to the governments of Brazil, Greece and Mexico.) Then more news: discount carrier JetBlue Airways ordered 100 Embraer regional jets for $3 billion. The deal was especially notable because JetBlue had earlier espoused the maintenance and training efficiencies of using only one type of plane--one made by Airbus...