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| Topic: |
History
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| Number of pages / Number of words: |
5 / 1313 |
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The weighty language of the declaration concealed the economic reality behind the decision. In reaching this agreement, the three nations were acknowledged by a simple truth that without a joint programme of aircraft development and production Europe would be left trailing in the wake of the Americans who dominated the industry and with the planned long-range 747 “jumbo†on the horizon looked set to consolidate their supremacy...
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And the proud European firms which had produced some of the world’s best passenger aircraft and pioneered commercial jet travel would become little more than sub-contractors to Americans manufacturers and Hundreds and thousands of jobs could be at risk. So until this point European’s aviation Industry has strongly remained rooted in nationality...
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