New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia
This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.
American Eagle Airlines has reported traffic figures for February 2010 covering its own operations and those of its wholly-owned subsidiary Executive Airlines.
Revenue passenger miles (RPMs) for Eagle totalled 489,661,000, a 1.0% rise over last February’s 485,017,000. Available seat miles (ASMs) though were cut by 1.4% to 718,429,000 from 728,476,000, which resulted in a load factor increase of 1.6 percentage points (pp) to 68.2% from 66.6% in February 2009. The airline carried 1,093,442 passengers during the month, a 1.3% increase compared with the 1,078,915 carried in the same period last year.
Executive Airlines recorded 37,621,000 RPMs in February, compared with 37,114,000 in February last year, a 1.4% increase. ASMs showed only a minor drop to 72,031,000 from 72,044,000. This created a load factor of 52.2%, up 0.7 pp on last February’s 51.5%. Executive carried 200,455 passengers in February, 7.6% more than the February 2009 figure of 186,311.
This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.
Rachel Reeves announced port upgrades, protected budgets for innovation and investment in novel technologies.
The Australian Budget was marked by tax cuts and a looming general election which led to little hope that there would be a substantial defence boost even with a big bill for nuclear submarines due.
The communications company Gilat launched its new Gilat Defense division at the Satellite 2025 expo, with future solutions aimed at US military customers.
US services have already conducted multiple tests with military maritime systems fitted with the system.
Europe’s Organisation for Joint Armament Cooperation (OCCAR) “has to establish itself…as a centre of excellence for cooperative Defence Equipment Programmes” in the face of growing threats and the need for rearmament, according to the organisation’s chairman.