The package, which includes some already announced measures, includes an investment fund starting at 500 million euros with a target of 1 billion to boost the development of medium-sized suppliers, and 300 million euros of other aid to help aerospace sub-contractors modernise plants.
“We must save our aerospace industry,” Finance Minister Bruno Le Maire said as he presented the aid plan, adding Europe would not sacrifice its place on the world market - symbolised by France-based planemaker Airbus (
Save aerospace industry 🤔
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