Finally, the Supreme Court has ordered a probe into a bribery scandal in which at least two former senior judges were implicated for their role in a tax dispute that involved a Thai subsidiary of Japanese automaker Toyota.
MIAMI – Today in Aviation, Airbus Industrie was formally established as a Groupement d’Intérêt Économique (Economic Interest Group or GIE) in 1970. It was created by a government initiative that originated in 1967 between France, West Germany and the UK.
In the 50s and 60s, although many European aircraft were revolutionary in their own right, production was limited for European air-framers. On the other side of the pond, things looked different for American aircraft manufacturers. There were three main reasons why the US was ahead.
First, Boeing, McDonnell Douglas, and Lockheed had benefitted from the sheer size of the US, which helped to popularize air transport. Secondly, they benefitted from an Anglo-American agreement in 1942 entrusting the production of transport aircraft to the US. Thirdly, US manufacturing had established its WWII legacy as “a profitable, vigorous, powerful and structured aeronautical industry.”