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HeadlinesMachinist President Urges Congress to Reject Airline Merger Scams
New Law Would End Passport Outsourcing
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China Unveils Commercial Aircraft Co.
May 28, 2008 - In a move that could have a devastating impact on the U.S. aerospace industry, China has announced that it has formed the China Commercial Aircraft Co with an initial investment of $2.7 billion. China aims to build a 150-seat aircraft by 2020 to compete with Boeing and Airbus.
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