The European Joint Airworthiness Authorities awarded both the A340-200 and -300 their type certificates on December 22 last year, following an extensive flight test program which involved six development aircraft, 750 flights and 2400 flyinghours. Problems with a higher-than-expected fuel burn have all but been solved and the A340 is now within 1% of original predictions, while Singapore Airlines has reconfirmed its order for 20. By the time these words are read Lufthansa willhave become the first airline to take delivery of the A340, initially seNicing its North American routes. Lufthansa meanwhile has dramatically cut its fares for intra Europe flights and business and first class between Australia and Germany with savings of up to 45% available, marking the opening of the single European market
Commercial Aircraft Sales
GE Out of Aerospace:
The US aerospace community continues its self-rationalisation activities in the wake of defence cuts with the news that General Electric has sold its Aerospace Division to Martin Marietta for $US3bn.
The move takes GE completely out of the military and aerospace electronics business, a field in which it has been involved since World War I and covering satellites, radar, sonar, simulation, communications, government technical systems and many other activities. GE’s engine business-which caters to both civil and military markets – will continue as before. The acquisition will make Martin Marietta the largest supplier of high technology military electronics, ahead of Hughes and Lockheed.
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