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UPDATE
Week ending April 14, 2002
+++ Astrium and DLR start TerraSAR-X +++ First German series production Eurofighter flies +++ Boeing-Siemens team responds to U.S. airport security needs +++ CAE provides seLearning to German Army +++ Shuttle STS-110 supplies ISS +++ News in brief ++

Astrium and DLR start TerraSAR-X
TerraSAR-X-Programm gestartet

For the first time in Germany, it has been decided to fund and build an Earth observation satellite in a public-private partnership - TerraSAR-X. A corresponding agreement has been signed by the German Aerospace Centre (DLR) and the space company Astrium (Friedrichshafen). In 2005, the 1-ton radar satellite shall be launched from Russia in order to provide geo-information of new quality from an altitude of 500 kilometers. DLR will be responsible for scientific use and exclusive commercial marketing of the gathered geo-information will be performed by Infoterra GmbH (Friedrichshafen), a wholly-owned subsidiary of Astrium specializing in the collection and processing of air- and satellite-based data.
The total order for the TerraSAR-X spacecraft amounts to approx. Euro 130 million covering development, construction and launch. DLR will finance Euro 102 million and the space company Astrium will contribute Euro 28 million to implementation. In parallel, the major part of Astrium's private-enterprise funds flows into the development of geo-information products and their marketing. Astrium and DLR have already spent substantial company-funds for technical development, definition of data products and expansion of ground infrastructure. “Both partners consider this public-private partnership to be an ideal solution for financing such projects despite restricted public funds,“ states Evert Dudok, Head of Earth Observation & Science division of Astrium. “In this way we safeguard the competitiveness of German industry and open up new markets.“ While Earth observation from space in the past was mainly focussed on scientific purposes, today data and the derived information products are increasingly used for various commercial applications. For example, potential users are planning and consulting offices, food and natural resource industries, insurance companies or agencies. However, from a customer's point of view, the data and information supplied by current satellite missions have one considerable drawback: they only partially meet their requirements.

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First German series production Eurofighter flies
Deutscher Eurofighter in der Luft

The first German series production Eurofighter (IPA 3 Instrumented Production Aircraft) took off for a successful Maiden Flight on Monday at European Aeronautic Defence and Space Company (EADS) Military Aircraft's Manching plant and touched the ground again safely 31 minutes later. At the controls were EADS Eurofighter-project test-pilot, Christian "Chris" Worning, and Lt. Col. Robert Hierl of the German Official Test Center WTD 61, both smiling happily after a very positive flight. Aloysius Rauen, President and CEO of EADS Military Aircraft, congratulated the pilots and all the EADS Eurofighter-team colleagues who had put all their power and energy in that milestones creation. "Since Eurofighters first prototype's first flight here in Manching we all have gone through many single steps and a lot of effort in the whole program to come up with todays positive results. IPA 3's successful Maiden-Flight marks an important milestone before delivery of the first standard aircraft start in the second half of 2002." Being equipped with a telemetry-system the first IPA standard aircraft will be used in flight test, recording and transmitting every maneuver and thousands of other technical parameters to the ground station for further evaluation

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Boeing-Siemens team responds to U.S. airport security needs
Siemens arbeitet mit Boeing an Flughafensicherheit

The Boeing Company and Siemens Corporation both world leaders in serving the aviation industry, are teaming to respond to the U.S. government's request for proposals to install, operate and maintain a system of explosives detection devices in U.S. airports.        The U.S. Department of Transportation's Transportation Security Administration will manage the massive program, which was mandated by Congress following the Sept. 11, 2001 terrorist attacks. Both companies and their subcontractors have submitted a bid to the U.S. government in response to its request to fulfill the objectives of the Aviation and Transportation Security Act. A federal decision is expected by early May. "We believe the combination of Boeing and Siemens is uniquely positioned to tackle this complex, technical challenge," said John Stammreich, vice president of Boeing Homeland Security. "Boeing brings two elements to this program. We are very good at integrating big, complex systems and we know how to work with multiple suppliers in a coordinated, efficient fashion. Both will be critical to the program's success.
The Boeing-Siemens team includes leaders in airport simulation and facilities and operational analysis, including The Preston Group, a Boeing subsidiary that provides aviation infrastructure simulation and modeling; construction management by Turner Construction; Trans Solutions Systems, Inc., a leading provider of integrated solutions for the ocean container shipping industry; and international architectural and engineering firms Leo A. Daly, Corgan and DMJM Aviation.

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CAE provides seLearning to German Army
Heeresflieger erhalten CAE e-Learning von CAE

CAE announced it has delivered a simulation-based e-learning (seLearning) trial system to the German Army Aviation School in Bueckeburg, Germany. CAE has delivered seLearning courseware for CH-53 helicopter crews. The seLearning courseware offers training for procedures such as engine start, engine shut-down and simulated malfunctions. The courseware provides unmatched fidelity and consistency because it is based on the same simulation software used in the two CH-53 Full Mission Simulators that CAE will deliver to the German Army later this year. "Our CH-53 pilots have been receiving engine start and shut-down training on the actual helicopter, which is not only expensive and time-consuming, but adds wear and tear on the airframe," said Captain Hans-Joachim Bussman, German Army Project Officer. "We will now have a high fidelity training tool that can be used in a very cost-effective classroom and distance learning environment. We will also use this trial phase to evaluate how simulation-based e-learning courseware can optimise our future training requirements."
CAE's concept behind seLearning is to make full fidelity simulations, currently resident only on high-end training devices, accessible to a much broader audience via desktop or laptop computers over a network or the Internet. These full fidelity simulations in a seLearning environment would be the basis for familiarisation, procedures and maintenance training. When combined with synthetic environments for military training, the full fidelity simulations in a seLearning environment could also serve as the foundation for tactics and mission rehearsal training.

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Shuttle STS-110 supplies ISS
Nachschub für die Raumstation

After successful installation of the S-Zero (S0) Truss and a spacewalk on Thursday, the focus of today's activities will shift from external construction of the International Space Station to the transfer of equipment, supplies and experiments between the space shuttle Atlantis and the orbiting laboratory. The Atlantis crew – Commander Mike Bloomfield, Pilot Steve Frick, and mission specialists Ellen Ochoa, Rex Walheim, Lee Morin, Jerry Ross and Steve Smith – was awakened at 3:44 a.m. Central time by the song “Testify to Love,” by Wynonna Judd played for Bloomfield from his family. On board the station, the Expedition 4 crew, Commander Yury Onufrienko and flight engineers Carl Walz and Dan Bursch, awoke about 30 minutes later. Morin and Ross will move an experimental plant growth chamber to a rack inside the station's Destiny lab. This experiment will replace a protein crystal growth experiment that will return to Earth on board Atlantis. Walheim and Ochoa will install a freezer in the lab for future crystal samples.
With the International Space Station and the Expedition Four crew orbiting high overhead, the shuttle Atlantis lifted off this afternoon on a complex mission to install a 43-foot long truss structure as the backbone for future expansion of the orbital outpost. Launch occurred with only 12 seconds left in the 5-minute launch window due to a brief delay caused by a momentary ground launch system software glitch at the Launch Control Center at the Florida spaceport which paused the countdown at the T-minus 5-minute mark. Once the problem was solved, the countdown resumed.

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NEWS IN BRIEF / KURZMELDUNGEN

February passenger traffic on the international scheduled services of IATA Members was 5.6 percent lower than in February 2001, but the trend shows a continuing improvement since October 2001, the first full month following the 11 September terrorist attacks (see chart below). Freight traffic growth has been negative since March 2001; its recovery, which had been faster than that of passenger traffic since September 2001, was reversed in February with a fall of 9 percent. Passenger seat capacity was cut by 9.8 percent in February, resulting in a further improvement in average load factor to 72.4 percent, the highest since August 2001. In the first two months of 2002, total traffic (passengers plus freight) fell by 7.9 percent compared with Jan.-Feb. 2001, but total capacity fell by 9.5 percent. In the first two months of 2002, carriers registered in South America had a fall in passenger traffic of 24.3 percent. North American carriers had a 10.4 percent fall, Europeans a 7.2 percent fall, but Far Eastern carriers were only 3.6 percent down.
+++
Goodrich Corporation announced that it has been selected by Airbus to provide cockpit door video surveillance systems for all Airbus production aircraft platforms. The systems will provide real-time video monitoring of the cockpit door entry and forward galley areas to flight crews. Production system deliveries will begin this month. In addition to installations on new aircraft, the award could generate substantial revenue for the retrofit of aircraft currently in the active fleet. "Our position as a global leader in aerospace sensing systems makes this a natural extension of our capabilities," said Jerry Witowski, President of Goodrich Sensor Systems. "The urgent need to monitor passenger cabins, and cockpit entry areas required our people to respond quickly to create the best possible system for Airbus and its customers." The Cockpit Door Video Surveillance System consists of a color display with integrated video computer, three video cameras and a system controller. An infrared light source built into the video cameras allows video monitoring in 0.0-lux lighting conditions. The system can be expanded to passenger cabin monitoring through the use of an ARINC 600-style video computer capable of up to 16 additional video and audio inputs, and 4 additional video outputs.
+++
Sogeclair has acquired 51 % of the capital of High-End Engineering GmbH, an engineering company with 85 employees. After Spain, Sogeclair is now extending its European market presence and reinforcing its sector diversification in the automobile industry. High-End Engineering (HEE) is a mechanical engineering company with its head office in Hamburg and offices in Stuttgart and Wolfsburg. Founded in 1996, the company consists of 85 employees including 61 engineers.Turnover for the year ending 31 December 2001 amounted to Euro 4.9 million. HEE is primarily involved in two sectors: the automobile sector (40% of 2001 turnover), and the aeronautical sector (40% of 2001 turnover). Its major industrial clients include Daimler Chrysler and Volkswagen in the automobile sector, and Airbus Deutschland in the aeronautical sector. There are strong "business" synergies between Sogeclair and HEE as mechanical engineering is Sogeclair's "traditional" activity.
+++
CHC Helicopter Corporation announced that it has entered into an agreement with a syndicate of underwriters under which the underwriters have agreed to buy and sell to the public on a "bought-deal" basis 4,000,000 Class A Subordinate Voting Shares (the "Subordinate Voting Shares") of the Company from treasury, with an option to purchase up to an additional 400,000 Subordinate Voting Shares, exercisable prior to closing. Closing is expected on or about April 25, 2002. The purchase price of C$28.40 per Subordinate Voting Share will result in gross proceeds of approximately C$113,600,000, assuming that the over-allotment option is not exercised, and approximately C$124,960,000 if the over-allotment option is fully exercised. The net proceeds of the offering will beused by CHC Helicopter Corporation for general corporate purposes, which mayinclude the repayment of debt and asset acquisitions.
+++
Boeing has completed the third successful flight demonstration of its EA-18 Airborne Electronic Attack concept aircraft. The test, conducted April 5, used an F/A-18F Super Hornet to carry three ALQ-99 jamming pods and two fuel tanks while measuring noise and vibration data and assessing aircraft flying qualities. Boeing teammate, Northrop Grumman, instrumented the ALQ-99 jamming pods to gather the noise and vibration information. The EA-18 is one of the platforms under consideration to replace the EA-6B Prowler electronic warfare aircraft. The U.S. Navy has an operational need to begin replacing the Prowler by 2008.
+++
Goodrich Corporation has signed a 15-year agreement with AirTran Airways to provide total aftermarket support for all AirTran Airways 717 nacelle systems. Goodrich will provide a fixed-cost, flight-hour based, support program which offers AirTran Airways 24-hour, 7-day-a-week availability of nacelle and thrust reverser original equipment parts and repair services. In addition, the agreement includes extended product warranties and on-site support.
+++
Total Asset Support (TAS) is a new service being offered by Lufthansa Technik AG (LHT), one that provides technical assistance to the owners and operators of the increasing number of leased commercial aircraft. TAS was developed in response to the ongoing dynamic evolution of the air-transport industry and to the changed market situation, as a result of which lease periods for commercial aircraft have been shortened to just a few years. Leasing companies, banks and loan insurers are taking back a growing number of aircraft at shorter intervals and leasing them out to new operators. "With TAS Lufthansa Technik plays a key role as service provider between the owner and the temporary operator and can generate substantial advantages for both," explains Christian Hatje, Account Manager Lease & Aircraft Management. To date, three LHT customers have signed up for TAS, and four more contracts are in the works. In addition to outside financing, another way to acquire an aircraft is by leasing it. Of the nearly 14,000 commercial aircraft currently in operation, some 30 percent are leased, and the trend is upward.
+++
Following major structural enhancements and systems upgrades, the first military variant of the S/H-92 family is back in flight test with additional gross weight capability, an extended main rotor shaft, and an upgraded electrical system. Aircraft 3 has maintained a steady test schedule since its first flight here at the Flight Development Center on March 22. After compiling 221 flight hours in its original configuration, Aircraft 3 was taken out of flight test while it was retrofitted with the next generation of systems improvements and airframe enhancements. These improvements will be incorporated into all future S/H-92s.
+++
Boeing named Hawker de Havilland as the latest member of the international technology development team working on the Sonic Cruiser program. Hawker de Havilland, a subsidiary of The Boeing Company, will contribute its expertise in advanced materials, including composites.
+++
The fourth aircraft in Bombardier Aerospace's all-new Bombardier Continental program successfully recently completed its first flight, marking another important milestone in the flight test program for the supermidsize business jet. Aircraft s/n 20004 is the first Bombardier Continental in the flight test program to be equipped with a complete interior, and a fully functional galley and lavatory. On April 5, 2002, it took off from Bombardier Learjet® facilities in Wichita's Mid-Continent Airport at 12:15 p.m. CDT and returned at 4:20 p.m. During the course of its 4-hour and 5-minute flight, it reached an altitude of 45,000 feet (13,716 m) , a cruising speed (Vmo) of 320 knots (437 mph; 703 km/h), and a maximum speed (Mmo) of Mach .83 or 476 knots (528 mph, 882 km/h).
+++
Showing that the Boeing Business Jet (BBJ) is the best choice for long-range executive travel, a recently delivered BBJ flew the farthest distance yet for a BBJ: 6,854 nautical miles from Seattle to Jeddah, Saudi Arabia, in 14 hours 12 minutes. BBJ Chief Pilot Mike Hewett, along with customer pilots Doug Beckham and Jeff Tolbert, departed Boeing Field on Sunday, April 7, at 7:37 a.m. under cloudy skies. The trio flew just south of the Great Circle Route initially heading northeast toward Canada, traveling over the southern tip of Greenland, northern Scotland, Italy, the Mediterranean Sea, Egypt and the Red Sea en route to sunny Jeddah, where they arrived at 7:49 a.m. local time on April 8.
+++
Frankfurt Airport (FRA) - owned and managed by Fraport AG Frankfurt Airport Services Worldwide - recorded a continuing recovery in demand for passenger traffic in March 2002. With a total of 4.0 million passengers in the third month of the year, FRA registered a 3.9 percent decline in passenger traffic compared to the corresponding month in 2001. However, March 2001 was an exceptionally strong month with a growth rate of 5.2 percent over March 2000. Intercontinental traffic continued to decline, while traffic to European destinations in the Mediterranean recorded growth. Lufthansa (which accounts for about 60 percent of the traffic and is Fraport AG's main customer at FRA) actually reported a 10.6 percent drop in passenger traffic worldwide in March 2002. This also shows that traffic at the Frankfurt hub has not been reduced as much as at other airports.
+++
Over thirty international media representatives witnessed the christening of the first Automated Transfer Vehichle at ESA/ ESTEC. Due for launch in late 2004, the first spaceship has been named "Jules Verne" in honour of the 19th century French author who fascinated the minds of million of young people and inspired space scientists and explorers with his extraordinary voyages: From the Earth to the Moon, 20.000 leagues under the sea, Journey to the Centre of the Earth, just to name a few. Depending on the operational lifetime of the Space Station, ESA will build at least 8 ATVs. The project involves 30 companies from ten European countries under the prime contractorship of EADS Launch Vehicles (France).
+++
On April 8, 2002, Crossair AG increased its share capital by CHF 272,412,650 to CHF 2,619,000,950. By this step, the number of nominative shares with a nominal value of CHF 50 rose by 5,448,253 from 46,931,766 to 52,380,019 titles. The quotation of the 5,448,253 nominative shares will take place at the SWX Swiss Exchange on Tuesday, April 16, 2002. This capital increase reflects the participation of the Cantons of Appenzell, Ausserrhoden, Glarus, Obwalden, Schwyz, Wallis and Zurich in the new inter-continental airline with the brand name SWISS. The total cash flow coming to Crossair through this interim step amounts to CHF 305,102,168, of which CHF 272,412,650 is allotted to the nominal value and CHF 32,689,518 to the Agio. The Crossair AG company capital is thus strengthened by a further CHF 305,102,168, providing Crossair AG with a solid financial basis.
+++
Jean-Francois Bigay, chairman of the Franco-German Eurocopter group has said that he expects that France and Germany will end up buying about 120 Tigers each. Bigay's comments are the first time that the reduced figure for orders by the two countries has been made public, according to the specialist magazine. France and Germany had earlier been planning to buy 215 and 212 of the aircraft respectively. Both Germany and France placed initial orders for 80 Tigers each in 1999. The first deliveries to the German army are to be made by the end of the year. The French are expected to receive theirs from 2003.
+++
The aftermath of the terrorist attacks in the United States continues to have an adverse effect on the performance of the airlines in the Lufthansa Group, and this is reflected in the traffic figures for the first quarter of 2002. Passenger number and freight volume in the first three months of the year remained below the prior-year level. However, as a result of network optimisation, Lufthansa was able to report a significant improvement in capacity utilisation. From January to March, the airlines in the Lufthansa Group carried 9.7 million passengers, 11.4 per cent fewer than in the first quarter of 2001. However, the capacity utilisation of passenger aircraft was excellent, reaching the record level of 73.1 per cent – an increase of 2.8 percentage points. This is attributable to the 12.7 per cent drop in capacity, as against a decline in sales of 9.1 per cent. In the first three months of this year, Lufthansa Cargo transported a total of 395,534 tonnes of freight and mail, 6.7 per cent less than during the prior-year period. Capacity was scaled back, with the result that the cargo load factor rose by 2.6 percentage points to reach the high level of 68.4 per cent.
+++
At European Space Agency headquarters in Paris, Mr Roger-Gérard Schwartzenberg, the French Minister for Research, and Mr Antonio Rodotà, ESA Director General, signed an agreement on the Guiana Space Centre (CSG), Europe's spaceport in French Guiana. Covering the period 2002-2006, the agreement extends the French government's guarantee of ESA's access to facilities and resources belonging to the Centre National d'Etudes Spatiales at the CSG and use of them for its programmes and activities, Ariane launcher operations in particular. It replaces the previous agreement, which expired at the end of 2001. Together with the decisions taken at November's ministerial-level meeting of the ESA Council in Edinburgh, it secures Europe's access to space from its spaceport in French Guiana and confirms the solidarity of all ESA member states with the European launcher sector.
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At the end of a daily practice session over the Salon-de-Provence military airbase in southeast France an Alpha Jet of the Patrouille de France crashed. An pilot died when he ejected from his training aircraft but his parachute failed to fully open, the French air force said. The 30-year-old captain, whose name was not given, was an experienced member of the Patrouille de France. He had been tapped to take over command of the unit.
+++
Embraer announced that the second Embraer 170 prototype, register PP-XJC, successfully made its maiden flight. Take-off from São José dos Campos airport was at 1:07 pm (16:07 hours UTC/GMT) and the time aloft was three hours and thirty five minutes. With test flight pilots Luiz Carlos Rodrigues and Otávio Vaz Kovacs, and flight engineer Luiz Vieira Algodoal at the flight deck, the jet perfectly performed trimming and compensation evaluations on the three axis with several flap and landing gear configurations, three APU and two engine re-starts, and complete landing gear and flaps cycling. Pilot Luiz Carlos Rodrigues confirmed the already-known, positive impressions after 40 flight hours on the first prototype: “As it has occurred in the first flight of the S/N 0001, the second Embraer 170 showed perfect performance and behavior, which confirms the excellence of Embraer design and manufacturing teams”.
+++
The European Parliament adopted a resolution on the present state of the European Security and Defence Policy (ESDP) and EU-NATO relations, in which it welcomes the progress made so far on the establishment of EU crisis management structures and procedures, as well as the commitments by Member States on military and civilian capabilities. It supports the Council's decision to set up an EU police mission (EUPM) in Bosnia-Herzegovina but stresses that while funding should be provided through the CFSP budget, there must be proper consultation of the European Parliament through the budgetary procedure. It also backs the Barcelona's Summit's declaration of intent to deploy the EU Rapid Reaction Force for its first peace-keeping mission in the Former Yugoslav Republic of Macedonia by taking over NATO' s operation 'Amber Fox'.
+++
DHL Airways has signed a contract with SBS International, a Boeing Company, for SBS' crew-management software suite comprising Maestro Lines, Maestro Crew and eMaestro. Maestro Lines and Maestro Crew are dynamic tools that will allow DHL to plan and implement schedules for approximately 500 flight-deck crewmembers per month.
+++
GE Aircraft Engines (GEAE) and Turbomecanica S.A. of Bucharest, Romania, have formed a joint venture company to manufacture jet engine components, primarily for commercial aircraft. The 50/50 joint venture will be located at Turbomecanica S.A.'s Bucharest operation. Turbomecanica manufactures high-quality aerospace components and, since 1998, has been a supplier to GEAE and GE Power Systems, producing static hot section parts for various gas turbine engines. The GEAE/Turbomecanica S.A. joint venture, the first manufacturing operation established by GE in Romania, will enhance the relationship between the two companies while creating new opportunities for aerospace-related manufacturing in Romania. As a result, the joint venture will enhance GEAE's competitive position in Europe. The joint venture will produce combustor-related components.
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The MH-60R successfully completed the first flight of the total weapon system, packaged in the first totally remanufactured SH-60B to MH-60R aircraft on April 4. Rear Adm. Michael McCabe, director of the Navy's Air Warfare Division, recently testified before the Senate Armed Services seapower subcommittee that the Navy will restructure its helicopter forces around two "linchpin airframes," the MH-60R and MH-60S both produced by the team of Sikorsky Aircraft Corporation (SAC) and Lockeed Martin Systems Integration (LMSI). The MH-60R, which performs undersea warfare and anti-surface warfare, will replace the existing fleet of SH-60B and SH-60F helicopters. The Navy decided last year to shift the MH-60R program from remanufacturing existing Navy H-60 airframes to producing new aircraft.
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Airbus' latest A340 version, the A340-600, has been granted the same pilot type rating as the in-service A340-300 model after joint evaluation by three leading airworthiness authorities, enabling pilots to fly either aircraft type with a single license endorsement. This major milestone was achieved in March. This is the first time that the US Federal Aviation Administration (FAA), the European Joint Aviation Authorities (JAA) and Transport Canada Civil Aviation (TCCA) jointly conduct the operational evaluation of a new aircraft. The evaluation consisted in a detailed comparison of the A340-300 and the A340-600 in terms of handling, systems, and procedures. Both aircraft were flown by the three authorities' pilots to assess any differences in handling qualities.
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As part of the implementation of the Production Company Concept within the Austrian Airlines Group – which assigns clearly defined roles to the respective airline partners – Lauda Air is assuming an important complementary position. Dr. Josef Burger, Chief Commercial Officer for the Group and responsible for the overall marketing division including charter business, had the following to say on the co-operation concept: “The Production Company Concept is based on a combination of the individual strengths of our carriers and now clearly defines areas of responsibility!” Lauda Air bears commercial responsibility for all charter flights within the Austrian Airlines Group and will have access to the charter capacities of all four partner airlines. In return, Lauda Air as Production Company will offer its scheduled capacity on selected long-haul flights to Austrian Airlines, who are now responsible for the entire scheduled network.
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SAI, Strand Associates, Inc. has previewed the first five years of a ten-year projection of world commercial jet aircraft maintenance activity at the “Aviation Week -- Air Transport Association MRO Conference” in Phoenix this week. McGraw-Hill Publication's “Overhaul & Maintenance Magazine” will publish the forecast in its May edition. The forecast, considered a barometer of future core aviation activity, identifies: A 2002 MRO (modification, repair & overhaul) market totaling $37.8 billion, a $4.4 billion decline driven by the events of 2001, market recovery to 2000-2001 levels by 2004, 3 -to 6% annual growth varying by region, a 2007 work market of between $44.8 billion and $50.8 billion (depending on economic scenario), above-average growth in the Asia-Pacific Region.
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Lufthansa Technik AG and LHT Acquisition Corporation announced April 9 the expiration of the offer period for their cash tender offer to acquire the issued and outstanding shares of common stock of Hawker Pacific Aerospace that Lufthansa Technik AG does not already own. Prior to the commencement of the offer, Lufthansa Technik AG owned approximately 72.7% of Hawker Pacific Aerospace shares on a fully diluted basis. The offer period expired on Friday, April 5, 2002, at 12:00 midnight, New York City time. According to information received from the depositary, as of the expiration of the offer period, shareholders had validly tendered and not withdrawn 2,443,134 Hawker Pacific Aerospace shares (including 21,865 shares that were guaranteed to be delivered). The offer also included common shares issuable upon the exercise of options to purchase common shares.
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Lockheed Martin's Joint Air-to-Surface Standoff Missile (JASSM) demonstrated its operational capabilities yesterday by attacking a hardened bunker in a test at White Sands Missile Range, New Mexico. Other hardened bunker tests were performed last May and December, making this most recent test the last in the development series. JASSM will now enter the Independent Operational Test and Evaluation (IOT&E) phase. The test showed the missile's ability to penetrate the bunker structure and detonate as would be required in an actual engagement. Currently in Low Rate Initial Production with first units available to the U.S. Air Force next year, JASSM is being produced at Lockheed Martin's advanced missile manufacturing facility in Troy, Ala.
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The Executive Board of Fraport AG Frankfurt Airport Services Worldwide again briefed the company's Supervisory Board about the status of the Manila terminal project in the Philippines, about preliminary results for fiscal year 2001, as well as recommendations for reassigning areas of responsibility among some members of the Fraport Executive Board. The Supervisory Board accepted the recommendation of the Executive Board not to provide any further funding now for the construction of the international passenger terminal in Manila. Because further development of the terminal project depends on fulfilment of the terms of the agreement through the contract partners in Manila and because construction is already at an advanced stage, the Fraport Supervisory Board called on the Philippine government and Fraport's partners in Manila to support on-schedule implementation of the agreement provisions. The Supervisory Board thanked Werner Müller, Germany's Federal Minister of Economics, for his efforts in this regard.Fraport's Executive Board will continue intensive discussions on-site and will keep the Supervisory Board updated on the situation.
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The first seeker-controlled test launch of an IRIS-T was performed on 14. April, and according to BGT was a full success. The short-range air-to-air missile was fired from an F-4F Phantom of WTD-61 over the sea off Sardinia. On March 1, a pre-programmed launch was performed.
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*April 7, 2002

*March 31, 2002 *March 24, 2002 *March 17, 2002 *March 10, 2002 *March 3, 2002

*February 24, 2002 *February 10, 2002 *February 3, 2002

*January 27, 2002 *January 20, 2002 *January 13, 2002 *January 6, 2002

*December 23, 2001 *December 16, 2001 *December 9, 2001 *December 2, 2001

*November 25, 2001 *November 18, 2001 *November 11, 2001 *November 4, 2001

*October 28, 2001 *October 21, 2001 *October 14, 2001 *October 7, 2001

*January - September 2001

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