• Most Popular
  • Most Shared

Boeing, Airbus agree to work on air traffic issues

NEW YORK
Tue Apr 22, 2008 8:40am EDT
A man looks at a scale model of Boeing's 787 dreamliner at their booth at the Singapore Air Show in Singapore in this February 19, 2008 file photo. REUTERS/Vivek Prakash

NEW YORK (Reuters) - Plane makers Boeing Co and Airbus said on Tuesday they signed an agreement to work together to modernize global air traffic management as part of an effort to cut aviation's impact on the environment.

Stocks  |  Green Business

The companies will seek to speed up improvements to the world's air transportation management system in order to increase efficiency and eliminate traffic congestion, according to a statement by the companies' top commercial aircraft executives.

Scott Carson of Boeing and Tom Enders of Airbus, a unit of Europe's EADS, signed the agreement on the sidelines of the third Aviation and Environmental Summit in Geneva.

(Reporting by Bill Rigby, editing by Gerald E. McCormick)
Stocks
Green Business


More from Reuters

A male polar bear cannabalizes a polar bear cub in an area about 300km (186 miles) north of the Canadian town of Churchill November 20, 2009. Credit: REUTERS/Iain D. Williams

Polar bear turns cannibal

As the world focuses on climate change in Copenhagen, the animal that has come to represent global warming is turning cannibalistic as the Arctic ice melts their hunting grounds, a U.S.-led global scientific study said.  Slideshow | Full Article 

    Climate Conference
    Emmanuel Roy, a suspect in a mortgage-fraud scheme is escorted by FBI agents after being taken into custody in New York, October 15, 2009. REUTERS/Brendan McDermid

    Sowing seeds of corruption

    Corruption, whether it's crooked officials, financial fraudsters or philandering sports stars, is the country's No. 1 criminal threat, says the FBI.  Full Article 

    Corporate Crime
    Space shuttle Atlantis lifts off from launch pad 39A at the Kennedy Space Center in Cape Canaveral, Florida November 16, 2009. Atlantis lifted off its seaside launch pad on Monday, loaded with spare parts to keep the International Space Station flying after the shuttles are retired next year. REUTERS/Scott Audette

    Can Florida re-launch itself?

    The sunshine state's space program is a boon for local businesses, especially when a shuttle takes off. But what happens when the 29-year old program comes to a close next year?  Full Article 

    U.S.