HEADLINE NEWS
EUROPEAN COMPANIES TO STRENGTHEN TIES
PARIS The largest European aerospace companies are negotiating partnership agreements that would streamline the industry, eliminate excess capacity and create cross-border alliances. Long, complex negotiations between Aerospatiale and Daimler-Benz Aerospace (DASA) on combining their missile and satellite businesses are finished, but the French and German governments, as well as the European Union's competition directorate, still must approve the alliance.
By PIERRE SPARACO