Agusta, Bell Helicopter enter construction pact

Article Abstract:

Agusta of Italy and Bell Helicopter have entered a venture deal for the joint development of the Bell BA609 civil helicopter and the Agusta AB139 helicopter. Bell BA609 is slated to be the first ever civilian-use tiltrotor in production, with deliveries scheduled for April 2002 after first flight in the end of 2000. Agusta AB139, a multipurpose helicopter slated for first delivery in 2002, is capable of carrying as much as 15 passengers for use in military transport, fire-fighting, energy services and other. Bell Helicopter is to be the majority shareholder in the joint venture, specific terms of which were undisclosed. Bell Helicopter chairman and managing director Terry Stinson said the partners will both gain from the expanded range of products, as well as from greater market penetration.

Comment:

Enters a venture deal for the joint development of the Bell BA609 civil helicopter and the Agusta AB139 helicopter

Italy, United States, Aircraft Manufacturing, Civilian Aircraft, Aircraft, Bell Helicopter Textron Inc., Agusta S.p.A.

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Accor, Compass plan Australian venture

Article Abstract:

Accor SA, the French hotel and tourism concern, is forming a joint venture with Compass Group PLC to provide catering services in Australia, said Accor chairman Jean-Marc Espalioux. Under the terms of the preliminary agreement, Accor will own 35% of the venture, an equity stake equivalent to more than A$10 million, said Raymond Capdeville, deputy chairman of Accor's Asian-Pacific division who will head the joint venture. The venture will compete with such companies as Spotless Services Ltd. in the institutional catering business.

Comment:

Is forming a joint venture with Accor SA to provide catering services in Australia

Australia, Social Caterers, Caterers, Catering, Compass Group PLC, Accor S.A.

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Alcatel sets advanced broadband venture

Article Abstract:

French telecommunications firm Alcatel-Lucent is establishing a joint venture with Japan's NEC Corp. to combine their resources to develop long-term evolution, a mobile broadband technology. LTE is an extension of GSM (Global System for Mobile Communications), a wireless standard with worldwide usage.

Telephone and telegraph apparatus, ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Science & research, Alliances, partnerships, Product development, Japan, France, Joint ventures, Telecommunications equipment industry, Technology application, Electronics industry, NEC Corp., Company joint venture, Broadband transmission, Broadband, Broadband Internet, GSM, ALU, GSM (Global System for Mobile Communications), Research agreements, Alcatel-Lucent

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