Good week for...

Smiths Aerospace.

The UK-based manufacturer is pushing forward with plans to boost its presence in India, with the opening of a new development centre in Chennai, in partnership with Indian IT services specialist HCL Technologies. The centre will employ 60 people in engineering services and work is due to begin immediately. HCL is providing the resources and management. Smiths says the centre is a "mechanism for absorbing new business growth".



The Swedish director of public prosecutions Christer van der Kwast has opened an investigation into the lease of Saab Gripen fighter aircraft to the Czech Republic. The UK and Czech authorities are already investigating Saab and BAE Systems over the deal. Saab says it will "co-operate with the prosecutor and answer his questions", but "since there now is a formal investigation initiated we will not comment on the matter any further".


Bad week for...

Quote of the week


"Airbus is paying a heavy price for bad governance, a control by governments where one should have had trust in the company."

European Union transport commissioner Jacques Barrot, urging airbus to abandon national rivalries.


Source: Flight International