Europe to inject €3bn into ATM systems

The European Commission signed a partnership agreement on Friday (December 5) aimed at boosting Europe's air traffic management (ATM).

The European Commission signed a partnership agreement on Friday (December 5) aimed at boosting Europe's air traffic management (ATM).

Under the agreement with the SESAR Deployment Alliance consortium, airlines, airport operators and air navigation service providers will receive up to €3bn in EU funding in order to modernise Europe's ATM system.

Violeta Bulc, European commissioner for transport, said the agreement will make Europe's air navigation system smarter, cheaper, greener, and safer, while marking “an important step towards the accomplishment of the Single European Sky.”

According to Bulc, the projects will contribute over €400bn to Europe’s GDP, create over 300,000 new jobs and save 50m tons of CO2 emissions.

TAGS: Europe
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish