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Galileo: second pair to launch 28 September

The European Space Agency is to launch a second pair of Galileo navigation satellites on 28 September before beginning a fast-track launch schedule in 2013 to orbit 18 satellites by the end of 2014 for a functional service, and 26 satellites by the end of 2015 for near-global coverage. The full constellation of 27 spacecraft […]

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United Technology – less the Rocketdyne technology part

Three messages come out of the move by United Technologies – parent company of Sikorsky, Pratt & Whitney and Hamilton Sundstrand – to rejig its plans for actually paying the $16.5 billion it’s soon going to have to lay down to close its acquisition of Goodrich. One: we’re not in 2007 anymore. Back in those […]

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Aviation – it’s a question of survival

While aviation people spend a lot of time and energy worrying about how to squeeze fuel burn a bit or if the wings can be bit more carbon fibre, the ultimate customers – passengers – seem to have very different concerns. Indeed, Gadget Duck’s pitch for the $18.95 Knee Defender suggests that passengers don’t give […]

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Airbus: ‘launch aid no great bargain’

Thenever-ending and why-did-it-ever-get-started transatlantic World TradeOrganisation legal battle between Airbus and Boeing over government subsidiesis certainly among the best lawyers’ pension schemes yet devised in the 21stCentury, and well-enough detailed here on flightglobal.com as to demand nofurther illumination (until such time as something really happens, which couldbe a very long time if ever). Remarkably,though, the […]

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A380 wing cracks don’t spell more financial trouble for costly programme

Airbus has hit arough patch this year with revelations that cracks are developing in the wingson its A380 superjumbos, a problem first identified on three Qantas andSingapore Airlines aircraft back in January. But while the problem has attractedmuch media attention and is being taken seriously by Airbus engineers, theaccountants are non-plussed. Yesterdayin Paris, EADS chief […]

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A320 work was welcome, but the programme didn’t pay: Ultra

For Ultra Electronics, 80% of revenue comes from defence sales and it’s no surprise to learn that military budget cuts in the US and Europe, including Ultra’s home market, the UK, are squeezing a company whose core capability has historically been in sonar technology. But what characterises Ultra is what now-retired chief executive Douglas Caster […]

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Military cash and the WTO

To learn that GeneralElectric is using technologies developed with US military money for its half ofthe CFM International Leap turbofan is no great surprise. Nor is it a surprise,really, to find that GE reckons that the Air Force cash behind projects likeADVENT (advanced versatile engine technology) will drive commercial enginedevelopment beyond Leap. Indeed, it’s worthremembering […]

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Finance goes American

Here’s an interesting example of a trend we’re seeing in finance – money deals that might in the past have been naturally placed in Europe are moving to other regions. The problem is that European banks are being forced to trim their balance sheets to toughen themselves up against the cold wind of the Eurozone […]

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Price of oil? Ask an ayatollah

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Was Lucky Lindy really first across the Atlantic?

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