Boeing (NYSE:BA) has collaborated with LOT Polish Airlines on Air Traffic Management Research.
Boeing Working With Polish Airline
Boeing (NYSE:BA) will collaborate on air traffic management or ATM research with LOT Polish Airlines.
The project establishes a Boeing (NYSE:BA) research and development presence in Poland that will pursue other opportunities to work with Polish R&D institutions.
Boeing (NYSE:BA) Research & Technology-Europe or BR&T-Europe will oversee the company’s research activity in Poland.
Boeing (NYSE:BA) said that, “The consortium will begin by studying ways to make aircraft descents more efficient in dense air traffic, a process known as Optimized Profile Descent. When implemented, this can reduce fuel consumption for airlines, make landings and takeoffs more efficient and reduce noise at airports”.
Boeing Co. (NYSE:BA) shares were at 72.92 at the end of the last day’s trading. There’s been a -3.0% change in the stock price over the past 3 months.