European Aerospace Available to Purchase

THE future prospects for collaborative ventures were outlined recently to the Royal Aeronautical Society by Allen Greenwood of BAC who is the President of the European Association of Aerospace Manufacturers (AECMA). It is considered that the only successful course for European Aerospace is to ensure that it meets its own needs, otherwise it will become a junior partner to the American industry. Obviously, it does not make sense for a European government to finance both airlines and manufacturers and then buy the majority of its aircraft from the USA. A similar principle applies in the military field where a country's money is used for the purchase of defence equipment outside the continent.