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Airplanes and helicopters. EADS, Siemens and Diamond signed a MoU at "Le Bourget" to set the course for cooperation on electric aircraft development

Paris, France - Total fuel costs will amount to a third of operating expenses of the airline industry this year, according to IATA

EADS and Siemens are entering into a long-term research partnership to introduce new electric propulsion systems that could help airlines lower their fuel bills and drive environmental performance. Together with their partner, Austria-based Diamond Aircraft, the companies are showcasing a second generation serial hybrid electric airplane at "Le Bourget". EADS Chief Executive Officer (CEO) Tom Enders,...

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