In a move unlikely to surprise anyone, on Thursday executives at
American Airlines rejected a contract proposal offered by its
pilots unionm, saying it would have increased the carrier's costs
by over $1.4 billion a year.
Seems there are more than a few fans of the movies "Deep Impact"
and "Armageddon" in the halls of Congress. On Thursday, lawmakers
derided NASA for not spending enough to detect "Near-Earth Objects"
Delays To A400M Program Only Part Of The Problem, EADS
It was as bad as they said it would be. On Thursday, EADS
reported a third-quarter loss of $1.14 billion, the result of the
combination of costly delays to a military aircraft program, and
the declining value of the US dollar against the euro.
On Friday, Expedition 16 commander Peggy Whitson and cosmonaut
Yuri Malenchenko successfully completed a six-and-a-half hour
excursion outside the International Space Station, to finish up
work they'd originally planned to accomplish last week, when the
shuttle Discovery was still berthed to the station.
US Army officials report six US servicemembers have now died of
injuries sustained when a US Army UH-60 Black Hawk helicopter
attached to 1st Battalion, 214th Aviation Regiment crashed at
approximately noon Thursday, 22 miles southwest of Aviano,
55 Cancri Takes Record For Number Of Extrasolar Planets
Astronomers at NASA's Jet Propulsion Laboratory recently
announced the discovery of a fifth planet circling 55 Cancri, a
star beyond our solar system. The star now holds the record for
number of confirmed extrasolar planets orbiting in a planetary
For the second year in a row, M7 Aerospace has been selected to
receive the Excellence in Innovative Supply Management (EISM) Award
from the Southwest Forum and the Institute of Supply Management
(ISM) in Tempe, AZ.
"We have to react. We must find additional savings of
roughly one billion euros by 2010 or 2011 ... Nothing is
Source: Louis Gallois, CEO of EADS. On
Thursday, the European consortium posted a $1.14 billion loss for
the third quarter of 2007... a situation partly due to delays to
the Airbus A400M military transport program. Gallois said the bulk
of the company's problems can be tied to the falling US dollar,
however, in relation to the euro.