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More details are emerging of aircraft maker Airbus' partnership to build a supersonic passenger jet. It would be the first since Concorde.
The Aerion AS2 will fly at Mach 1.5 (or one and half times the speed of sound) saving three hours in flight time across the Atlantic.
Airbus employs 6,000 at its factory at Broughton in Flintshire.
Airbus will provide technical assistance.. The plan is to have the first aircraft in the air by 2021 and in service two years later.
Twenty orders for the jet have been placed by Flexjet LLC.
First Minister Carwyn Jones will today announce an £8.1 million funding package for training at Airbus at Broughton, in Flintshire, which employs 6,000 people.
It will enable the workforce to exploit new technology at the site.
The announcement will be made at Wales' UK Investment Summit at the Celtic Manor Resort near Newport.
This funding will help safeguard jobs at Broughton and ensure we remain at the cutting edge of new technology and innovation in a fiercely competitive global market.
Airbus makes a major contribution to the Welsh economy and employs 6,000 people in North Wales in a world class, highly advanced manufacturing facility responsible for assembling more than 900 Airbus aircraft wings a year.
Aircraft manufacturer Airbus has admitted a charge of failing to ensure the health and safety of its workers, after one of them was crushed to death at its factory in Flintshire.
Donald Williams, 62, died after the incident at the Broughton plant in November 2011.
At Mold Crown Court today, the company pleaded guilty to the charge, brought by the Health and Safety Executive.
Sentencing was adjourned until 17 July, at Caernarfon Crown Court.
An inquest has previously returned a verdict of misadventure.
Aircraft manufacturer Airbus has been accused of failing to ensure the safety of one of its workers, who was killed at its factory in Flintshire.
Donald Williams, 62, was crushed to death after an incident at its Broughton factory in November 2011.
Airbus this morning faced charges brought by the Health and Safety Executive, at Mold Magistrates Court.
It is alleged the company failed to ensure the safety of Mr Williams, failed to assess the risks while working with a tractor, and failed to provide adequate training when using the machinery.
The case has been adjourned until 10 April at Wrexham Magistrates Court.
#AirbusGroup 2013 Results * Revenues increase 5% to € 59.3 billion * EBIT before one-off +21% * Net income rises 22% to € 1.5 billion
* Group order intake in 2013: € 218.7 billion * As of 31 Dec. 2013, order book was worth € 686.7 billion * Defence order book € 47.3 billion
Airbus employs thousands at its wing-making plant at Broughton in Flintshire.
The Economy Minister, Edwina Hart AM, has welcomed the news that AirAsia has made an order with Airbus for 25 more A330-300s. The wings will be made at Airbus' Broughton plant in North Wales, which employs 6,000 people.
This is great news for Airbus and another feather in the cap for the highly skilled team at Broughton.
Airbus makes a massive contribution to the Welsh economy financially, as well in terms of employment, skills development, apprenticeships and supply chain opportunities.
I congratulate the company on winning yet another significant contract that in turn helps the long term sustainability of its operation in Wales.
AirAsia has ordered 25 additional A330-300s Airbus aircrafts, providing a major boost to Wales' aerospace industry.
The Airbus contract with AirAsia announced in Paris today is the largest A330 order received by Airbus in a single purchase agreement.
The wings will be made at Airbus' Broughton plant in North Wales, which employs 6,000 people.
Secretary of State for Wales, David Jones MP, said the order "further cements" the crucial role Wales plays in the aerospace industry.
Mr Jones said: "These deals play a significant part in boosting the Welsh economy and are a real validation of the skills, talents and capabilities of our workforce here in Wales."
Thousands of workers at the Airbus site in Broughton in North Wales have been given job security after the plane manufacturer secured deals worth more than £30 billion at the Dubai airshow.
The Dubai airline Emirates has ordered 50 Airbus A380 superjumbos and UAE airline, Etihad Airways want 50 A350 planes as well as 36 A320neos. The Broughton site produce the wings for all the aircraft.