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Recovery This Year Says Dhc: The world economy will start to improve later this year, according to a market forecast issued by de Havilland Aircraft in Canada. The forecast predicts that the airlines will generally return to profitability in 1993 following recent modest signs of growth (particularly in the regional sector) and that 7,420 new

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Peace Costs Jobs: The reduction of military tensions between the West and the former Soviet Bloc may have reduced the chances of global conflict but has also increased the chances of unemployment for people working in defence related industries as defence budgets decline. A Swedish report says that between 1988 and 1990 more than 300,000

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Continues Recession to Affect Job Prospects: The recession and general reductions in defence spending continue to cause large job losses in aerospace businesses all over the world. In the USA, the Martin Marietta Astronautics Group will sack up to 1,750 employees this year as it reorganises its business from four to three operating groups. This

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MD-12 Design Firms: After studying various configurations with two, three and four engines (refer p7 May 92 AA), McDonnell Douglas has introduced a revolutionary new design for its MD-12 long range airliner which is planned to enter service in 1997. The new airliner will have four engines and features a double deck widebody fuselage capable

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Government Rethinks Safety Levy: Following a massive groundswell of industry resentment against the Federal Government’s proposed Safety Tax, Minister for Shipping and Aviation, Senator Bob Collins announced on May 7 that the Government is to re-examine its decision as to future cost recovery for aviation safety regulation. (referp67 April 92, p4 May 92 and p23

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Recce

by Marc Joel Atrero June 1, 1992

Give Qantas afair Go By Keeping It Australian! It is perhaps ironic that the current recession and worldwide reduction in airline activity could well prove a godsend for those many forward thinking people who would prefer to keep both the ownership of Qantas and Australian Airlines in Australia rather than selling both offto foreign competitors

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