Update: EU-U.S. aviation agreement brings new opportunities for industry BRUSSELS, March 28 (Xinhua) -- A new aviation agreement between the European Union (EU) and the United States, which will take effect on Sunday, will bring more opportunities to the industry, said the EU on Friday.

By Dan Bilefsky The European Commission on Wednesday proposed salvaging the European Union's faltering satellite technology project by diverting 2.4 billion from the bloc's budget, a move certain to come under fire from member national governments.

By Judy Dempsey The European Commission said Thursday that the troubled Galileo satellite navigation system would be financed wholly by public money after the industrial consortium chosen to build and operate the ambitious technological project failed to reach terms.

U.S., EU sign "open skies" agreement WASHINGTON, April 30 (Xinhua) -- The United States signed here on Monday a landmark air services agreement with the European Union which paves way to promote competition in transatlantic aviation. U.S. President George W.

By TONY McDONOUGH AIRLINES in Europe are preparing to cash in on the long-awaited "open skies" agreement between the US and the European Union.