ATC
European Commission Approves Co-Funding for ATM Projects
With European Union co-funding, €650 million in public and private investment will be applied to begin air traffic management modernization.

The European Commission has approved €329 million ($363.5 million) to co-fund air traffic management (ATM) projects in Europe, an industrial partnership announced on July 13. The co-funding will support €650 million in public and private investment to implement the first projects identified for ATM modernization, the alliance said.