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Aero Vodochody
Aero Vodochody (commonly referred to as Aero) is a Czech aircraft company. Its main production facilities are located at Vodochody Airport in the Prague-East District, on the municipal territories of Vodochody and Odolena Voda. During the Cold War era, the firm was well known for its range of jet-powered trainer aircraft, the L-29 Delfin and L-39 Albatros. It also developed derivatives of the L-39, the L-59 Super Albatros and the L-159 Alca military light combat jet. Aero Vodochody is believed to have handled the biggest aircraft industrial programme to take place across any of the Council for Mutual Economic Assistance (COMECON) countries except for the Soviet Union itself. Following the fall of the communist government in Czechoslovakia during 1989, Aero Vodochody experienced a disruptive period of business, having lost a major portion of the market for its jet trainers. Sales noticeably declined during the 1990s in Eastern Europe as well as in NATO countries as a res ...
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Vodochody Airport
Vodochody Airport , also known as Aero Airport, is a private general aviation airport located in Vodochody in the Czech Republic. It is also the home to Aero Vodochody, a Czech aerospace company. The airport at an elevation of 919 ft/280m Metres above sea level, above sea level has an asphalt main runway 2500m long and an emergency strip 1400m long. LKVO is located 15 km North-West from the Capital of Prague. Services provided * Operating hours: Hx / H24. This is non-specific, adaptable 24/7 by demand. * Handling, Transport, Catering services. * Accommodations at Clarion Congress Hotel in Prague. * Passengers to be transferred directly from the plane to the car and vice versa. * Passenger lounge and crew rest area at the apron. * JET A1, Avgas 100 LL available.Airport Prague – Vodochody
. Lkvo.cz.


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Akciová Společnost
A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited companies ...
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Aero L-59 Super Albatros
The Aero L-59 Super Albatros (also known as the L-39MS Albatros) is a military jet trainer produced by the Czechoslovakian aerospace manufacturer Aero Vodochody. It was developed from the firm's earlier and highly successful Aero L-39 Albatros, L-39 Albatros series. Being based on the L-39, it shares numerous similarities; in comparison to its predecessor, the L-59 featured a strengthened fuselage, longer nose, a vastly updated cockpit, advanced avionics, and a more powerful Lotarev DV-2 Turbofan, engine. First flown on 30 September 1986, it was procured by the Czech Air Force, Egyptian Air Force, and Tunisian Air Force; a total of 80 Super Albatros of three variants have been manufactured prior to the end of production. A further development would be produced as the Aero L-159 Alca, a Westernised attack-orientated model that shared its fuselage configuration with the L-59. In service, the L-59 has been largely used for training purposes. It has also been deployed in front-lin ...
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Aero L-39 Skyfox
The Aero L-39 Skyfox, also known as Aero L-39NG ("Next Generation"), is a turbofan-powered military Trainer aircraft, trainer and light combat aircraft developed and produced by the Czech aircraft manufacturer Aero Vodochody. It is a successor of the Cold War era Aero L-39 Albatros. During July 2014, Aero Vodochody announced the launch of the L-39NG programme. By April 2015, the company revealed a partnership between itself, Draken International and Williams International to jointly work on the project — the latter provides its Williams FJ44, FJ44-4M turbofan engine for the aircraft, while Draken will be responsible for the type on the North American market, as well as operate its own fleet. On 14 September 2015, the maiden flight of the L-39NG technology demonstrator (L-39CW) was performed. On 14 March 2018, type certificate, type certification of the L-39CW was received. On 22 December 2018, the first L-39NG prototype conducted its first flight. In September 2020, the Czech ...
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Farnborough Airshow
The Farnborough International Airshow is a trade exhibition for the aerospace and defence industries, where civilian and military aircraft are demonstrated to potential customers and investors in Farnborough, Hampshire. Since its first show in 1948, Farnborough has seen the debut of many famous aeroplanes, including the Vickers VC10, Concorde, the Eurofighter, the Airbus A380, and the Lockheed Martin F-35 Lightning II. At the 1958 show, Hawker Hunters of the RAF's Black Arrows executed a 22-aircraft formation loop, setting a new world record. The international trade show runs for five days. Until 2020, the show ran for a full week with the first five days reserved for trade visitors and the general public attending on the weekend. Status The Farnborough International Airshow is the second-largest show of its kind after the Paris Air Show. The event is held in mid-July in even-numbered years at Farnborough International Exhibition & Conference Centre in Hampshire, United ...
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Czech Koruna
The koruna, or crown (sign: Kč; code: CZK, ), has been the currency of the Czech Republic since 1993. The koruna is one of the European Union's eight currencies, and the Czech Republic is legally bound to adopt the euro in the future. The official name in Czech is (plural , though the zero-suffixed genitive plural form is used on banknotes and coins of value 5 Kč or higher). The ISO 4217 code is CZK and the local acronym is Kč, which is placed after the numeric value (e.g., "50 Kč") or sometimes before it (as is seen on the 10-koruna coin). One crown is made up of 100 '' hellers'' (abbreviated as "h", official name in Czech: singular: , nominative plural: , genitive plural: – used with numbers higher or equal to 5 – e.g. ), but hellers have now been withdrawn from circulation, and the smallest unit of physical currency is 1 Kč. History In 1892, the Austro-Hungarian krone replaced the gulden at the rate of two kronen to one gulden (which is also ...
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Penta (investment Group)
Penta is a Central Europe investment group founded in 1994 in Slovakia by Czech Marek Dospiva and Slovaks Jaroslav Haščák, Juraj Herko, Martin Kúšik and Jozef Oravkin. Today, the group actively develops companies and projects, primarily in healthcare, financial services, retail, manufacturing, real estate and media. Having grown from a local to international company, Penta operates in more than ten markets across Europe, providing more than 37,000 jobs through investee companies. In financial year 2015, Penta achieved a consolidated net profit of EUR 200 mln and increased total portfolio assets to EUR 7 bln. The name Penta is a tribute to the original five founding partners, all schoolmates during their studies in Moscow and Czechoslovakia. Penta Investments group and its co-owner Jaroslav Haščák have been associated with the Gorilla scandal, a corruption affair that erupted in Slovakia in 2012. The company has been denying the allegations and interpreted the "Gorilla ...
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Privatization
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous natio ...
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Boeing
The Boeing Company, or simply Boeing (), is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the fourth-largest defense contractor in the world based on 2022 revenue and is the largest exporter in the United States by dollar value. Boeing was founded by William E. Boeing in Seattle, Washington, on July 15, 1916. The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997. As of 2023, the Boeing Company's corporate headquarters is located in the Crystal City neighborhood of Arlington County, Virginia. The company is organized into three primary divisions: Boeing Commercial Airplanes (BCA), Boeing Defense, Space & Security (BDS), and Boeing Global Services (BGS). In 2021, Boeing recorded $62.3billion in sales. ...
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United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ...
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Peace Dividend
''Peace dividend'' was a political slogan popularized by US President George H. W. Bush and UK Prime Minister Margaret Thatcher in the light of the 1988–1991 dissolution of the Soviet Union, that described the economic benefit of a decrease in defense spending. The term was frequently used at the end of the Cold War, when many Western nations significantly cut military spending such as Britain's 1990 Options for Change defence review. It is now used primarily in discussions relating to the guns versus butter theory. In theory While economies do undergo a recession after the end of a major conflict as the economy is forced to adjust and retool, a "peace dividend" refers to a potential long-term benefit as budgets for defense spending are assumed to be at least partially redirected to social programs and/or a decrease in taxation rates. The existence of a peace dividend in real economies is still debated, but some research points to its reality. A political discussion about ...
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NATO
The North Atlantic Treaty Organization (NATO ; , OTAN), also called the North Atlantic Alliance, is an intergovernmental organization, intergovernmental Transnationalism, transnational military alliance of 32 Member states of NATO, member states—30 European and 2 North American. Established in the aftermath of World War II, the organization implements the North Atlantic Treaty, signed in Washington, D.C., on 4 April 1949. NATO is a collective security system: its independent member states agree to defend each other against attacks by third parties. During the Cold War, NATO operated as a check on the threat posed by the Soviet Union. The alliance remained in place after the dissolution of the Soviet Union and the Warsaw Pact, and has been involved in military operations in the Balkans, the Middle East, South Asia, and Africa. The organization's motto is . The organization's strategic concepts include Deterrence theory, deterrence. NATO headquarters, NATO's main headquarter ...
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