The “agreement in principle” will require the company to pay and invest more than $1.1 billion in return for dismissing the criminal case, according to court documents.
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Michelin and Air France Sign Long Term Contract
PARIS 21 July 2010 – MICHELIN andAIR FRANCE have signed a long term contract. Michelin has also signed a long term contract with the airline companiesKLM.The contract encompasses nearly 425 KLM /Air France planes, plus certain third party customers in maintenance contracts with the two companies, will be equipped with Michelin tires.
Among these planes are 37 Boeing B777-300 ER, 66 Boeing B737-NG, 145 A318-319-320-321 Airbus and 3 A380 Airbus.
These contracts are typed as “invoicing to the landing plane.” Michelin reputation rests on the quality of its products and its offers of innovative service, a decisive factor leading to the signature of this long-term agreement.
To ensure its technological leadership, Michelin invests annually nearly 500 million euros in its Center of Technologies. Michelin dedication to Research and Development are without peer in its industry.
Part of Delta plane’s wing lands in North Carolina driveway during flight from Atlanta
Officials say the crew aboard the Delta flight from Atlanta to North Carolina had no idea that part of the plane’s wing fell off until after landing.
Teacher, still building her plane, celebrated as ExCEL winner
When it comes to teaching, LaRue County Middle School teacher Tori Dangerfield compares the career to building a plane while in flight.
