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Eurofighter Typhoon built by BAE arrives at RAF Coningsby, Lincolnshire.?Photo: PA

1985:Britain signed the agreement arm - of - oil Al Yamamah in agreement with Saudi Arabia, the largest in the history of the UK export contract. Government to Government, BAE Systems (then British Aerospace) agreement was the contractor because the agreement included the sale of 120 Tornado fighter aircraft, aircraft training Hawk and another kit for defence.

1989:The first reports noted that an investigation is underway in claims huge payments have been made to BAE agents such as the commission, by inflating the price of the Tornado in the Al Yamamah deal.

2000:BAE failed first to report accurately paid his Tanzanian agent, Shailesh Vithlani, a process that continued until 2005.

2004:The Serious Fraud Office starts an investigation into suspected of being linked to BAE and Al Yamamah agreement focusing on the relationship between BAE and two small travel has made arrangements for Saudi to BAE officials companies accounting irregularities.

2006:In November, BAE confirms the SFO and the Ministry of defence are addressing the allegations BAE paid "Kickback" for the Tanzanian Government for a system of military radar 40 m $ (￡ 28 m).

In December, the OST removes the Saudi probe after "performances" the British Government on the need to protect national security. Move sparks outrage in transparency activists.

The decision was the result of Daily Telegraph article citing unnamed educational sources saying Saudi Arabia gave 10 days to Great Britain a term in the investigation of AFS or losing a contract for 72 Eurofighter Typhoon combat jets built by BAE Systems and partners of the consortium.

2007:In January, the OST starts another investiagtion BAE payments to a Minister of South African defence in relation to a contract of. 5bn ￡ 1 BAE has won it in 1999.

In February, the UK confirms there are six current probes against BAE with looking SFO transactions Romania, Chile Czech Republic and Qatar, as well as the South Africa and Tanzania.

In June, the Ministry of justice launches its own investigation BAE compliance with laws American anti-bribery, including its delaings in Saudi.

2008:The House of lords confirms a call to the SFO, saying that it has legitimately acted in dropping the Saudi probe, for reasons of national security.

2009:Information, collapse of the negotiations on a possible between BAE medium bargain and SFO and SFO said seek authorization of the Attorney-General to continue the company defence for offences related to corruption overseas."

Both said reports that BAe may be asked to pay some 500 m ￡ ￡ billion medium bargain should be reached.

2010:In February, BAE agrees to pay a 400 m $ United States after admission for "defrauding of United States" fine on the sale of aircraft in Saudi Arabia and East Europe and also an agreement 30 million from ￡ with the SFO, relating to the "infringement of the obligation to keep accounting records" in Tanzania.

The OSF says that he will not seek continuation of BAE allegations he studied for six years, including Europe.

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January 2009:They throw a 1.1 m jobs in the last two months of 2008, the figures show, making it the worst year for the market since the second world war.

The unemployment rate hit 7 2pc in December 2008, its highest since 1993.

March 2009:With the American economy shrank again, unemployment reached 8 5pc, the highest level since 1983.

August 2009:In August, the unemployment rate rose to 9 7pc.

September 2009:The u.s. unemployment rate hit 9 8pc in September, its highest level in 26 years.

October 2009 - the u.s. economy out of recession in the third quarter of 2009, figures published in the October show in 3 5pc.

However unemployment was mounted from July to September period, and without a job for October figures show the unemployment rate rose to 10 2pc.

January 2010 - the u.s. economy grew at the fastest pace for over six years in the last quarter of 2009, display numbers, expansion by 5 7pc-on-year. However, for 2009 in its overall economy was reduced by 2 4pc, its worst year since just after the second world war.

February 2010: figures for January show unemployment rates decreased again under 10pc.

July 2010: in July, the unemployment rate did not dropped much more, sat at 9 5pc. However the economy developed by 1. 7pc in the second quarter from April to June.

November 2010: the US economy grew by 2 5pc in the third quarter, revised figures show, purchases of consumption increased at the fastest pace since the last three months of 2006.

More people found work in October, the unemployment rate decreased to 9 6pc.

December 2010: American unemployment in November climbed unexpectedly at its highest level since April as slaughter in jobs of the retail given the rate of unemployment mounted for the first time in three months, hitting 9 8pc.

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A British Airways plane lands at Heathrow as an Iberia airplane waiting to take off.?Photo: PA

1998: BA undertakes to take a stake in the Iberian Peninsula, with American Airlines.Iberia belonged again later by the Spanish Government.

2003: BA and Iberia earn European approval for the operation of an alliance in the European Union.

2004: Iberia announces plans to start the commune with BA flights images Spain and the United Kingdom accounts.

2004: BA sells its stake in Qantas lifting m ￡ 425, increasing speculation it would increase its stake in 9pc Iberian Peninsula.

2006: BA purchased set of American Airlines, Iberia, raise its participation to 10pc autour.

2007: In may, BA has joined a bid group led by company TPG Capital to make an offer of the Iberian Peninsula.Group withdrew its offer to support (￡ 2 9bn) of €3 in November of this year.

2008: BA, American Airlines and Iberia announce a transatlantic mooring in order to work together on the roads between the United States Mexico, the Canada, Europe.

2008: December, Iberia shares climb after a docking between BA and Qantas is called on the prospect of another merger with Spanish airline.

2009: BA reveals plan to cut 1,700 cabin at the United Kingdom and start pay two years for cabin crew base gel.

2009: November, BA and Iberia announce intent to merge, creating a mixed society worth represents €.(￡ 4 5bn) .the ' objective is to complete the transaction at the end of December 2009 2010.Toutefois BA reveals that he has a ￡ 3 pension deficit. 7bn, which becomes a major impediment in the negotiations of the merger.

2010: In April, BA and Iberia sign agreement to merge, creating second airline Europe.

2010: BA and Iberia shareholders on 29 November, organize meetings in London and Dublin to accept the agreement, which will see the name of British Airways disappear from the FTSE 100 24 January 2011, when the combined company will begin trade International Airlines Group.BA shareholders overwhelmingly voted in favour.

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Thursday nov-4A Qantas Singapore and Sydney flight is forced to turn around and make an emergency landing after an explosion in one of the engines on the Airbus A380 Rolls-Royce.

The strength of the shutter damaged body of the aircraft debris scattered throughout the Indonesian town, the widebody was flying at the time of the incident.

Qantas grounds its A380 of an investigation by the regulatory authorities, the airline, Rolls-Royce and Airbus begins.

Rolls-Royce shares lose their value 5MC.

Friday, November 5-Shares of rollers fall almost 5MC for a second day, wiping over ￡ billion off the coast of the value of the company .Alan Jocye, CEO of Qantas, says that the engine failure was "probably most likely a hardware failure or some sort of design issue.

A Boeing 747 also help engine Rolls and piloted by Qantas suffers engine trouble and a return to Singapore, stimulate the concerns of a broader problem.

Roller asked all airlines using the Trent 900 engine on their command to run a series of security checks.

My Nov - 8The slide in the roles actions began to reverse when the company breaks his silence the week before to say that its engine problems are confined to the Trent 900 and not in the whole of its range of products all.

Qantas says that he has found oil leaks are "than normal tolerances" Trent 900 engines on three separate aircraft.

Friday 12 November-Rolls of actions yet again, after gathering the company says it has identified the defective part that caused the explosion of the moteur.Bien the Rolls refused to determine what type of component went wrong, the said undertaking has caused a leak of oil, then led to the "liberation" of a disc turbine, causing the explosion.

The company says will begin a program replacement engine or whole engines on all 20 command, in service with Qantas, Singapore Airlines and Lufthansa.

Sir John Rose, Executive Director of Rolls for 14 years, says that he "regrets the disruption, we did."

Rollers, explains the cost of dealing with failure engine means earnings growth will be slower than expected in 2010.Airbus, explains fixing faulty engine part may lead to delays in the delivery of the A380 next year.

Monday, 15-novThe confidence of investors in the rollers is declining once again, with the actions that the greatest Feller in FTSE 100.Les markets was reeling from reports another flying Qantas return to Sydney.Cependant, that the plane was a Boeing 747 powered by engines made by General Electric, and United States and had no connection with the rollers.

Tuesday, 16-novAirbus, explains Rolls has resorted to the back engines for the Airbus A380 production line to supply replacement of program engine fault.

Thursday, November 18-Airbus warns it will seek compensation Rolls-Royce, if the benefits of the urgency of Qantas leads to failure of its A380 production schedule.

My 23 Nov - Rolls-Royce Gets a vote of confidence from Qantas, says the company he will resume on some of its A380 Saturday services.

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