EU launches initiative for greener airplanes: 'clean sky' program would help aviation reduce pollution
Article Abstract:
A $2.13 bil public-private proposal for reducing pollution caused by airplanes has been raised by the European Commission. Half of the funds would come from European Union subsidies, the other half from companies that include Dassault Aviation S.A., Thales S.A., Rolls-Royce Group PLC, a division of European Aeronautic Defence and Space Co., and Airbus S.A.S. The proposal, called the "Clean Sky" program, would fund the development of more efficient engines and airflow-adapting wings.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Mitsubishi Heavy gets set to build passenger planes
Article Abstract:
Mitsubishi Heavy Industries Ltd. announces it will start production of Japan's first domestically-manufactured passenger airplane since 1973 at a development cost of approximately $1.81 billion. Article discusses Mitsubishi Heavy's planned joint venture with Toyota, Mitsubishi Corp., and Sumitomo Corp., expected aircraft orders, and government subsidizing of the project.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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Airbus to taxi jet plan toward runway
Article Abstract:
Airbus Industrie decided to move towards making its planned jets available for airlines, as a consortium of four European aerospace companies came to a conclusion that production of such planes is economically viable. The planes in question are the A3XX, which will be world's largest commercial aricraft. The cost of plane development is expected to be around $12 billion.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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