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UE Commission grants Galileo services in concession

Brussels, Belgium - If granted to privates, it will generate revenues beyond EUR 500m in 2020

UE Commission has identified substantial markets for Galileo services. It estimated that the system will generate revenues for the operator rising from EUR 66m in 2010 to EUR 500m in 2020. A Commission study has suggested a concession scheme as the appropriate solution to provide a legal relationship between the public sector and a private sector companies. Private companies are now asked to express...

AVIONEWS - World Aeronautical Press Agency - 41333
Rome, Italy, 02/28/2003 16:39
AVIONEWS - World Aeronautical Press Agency

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