European Commission Vice President Siim Kallas stated (26-Oct-2010) Europe should further improve the competitiveness of its aviation industry in line with the needs of the Single European Transport area. He added that Europe must coordinate the investment efforts, especially the investments in the modernisation of air traffic management; timing and synchronisation of investments; governance structures of the SESAR deployment. Overall efficiency must be improved to give travellers and companies more value for money. [more] [more - full speech]
European Commission: "The European aviation business must remain able to compete with global competitors. Global competitiveness must be integrated in European safety, security or environmental policies so that these policies produce the desired results. Europe must also deliver funding solutions to finance new technologies to strengthen the foundations of the competitiveness of its industry. Europe is fully committed to deliver the highest safety standards; ensure a smooth and adequate security system; and facilitate the greening of aviation. This will require innovative solutions to fund the necessary investments in new technologies, which are key in achieving these objectives," Siim Kallas, VP responsible for transport. Source: Company Statement, 27-Oct-2010.