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%.
Republic Airways Holdings has reported preliminary passenger traffic results for January 2010.
The company generated 1,516,303,000 revenue passenger miles (RPMs), a 119% increase from the total of 691,896,000 in the same month last year, while available seat miles (ASMs) increased 102% to 2,219,253,000 from 1,101,205,000.
The consolidated load factor was 68% versus 63% in January 2009. Passengers carried during the month reached 2,235,145, a 66% increase from the 1,344,746 carried in the same month last year.
The 2009 results do not include operations at Midwest Airlines and Frontier Airlines which were purchased by Republic Airways Holdings in July 2009 and October 2009, respectively.
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.