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France: Government finances its airlines to "Aid" Airbus

Toulouse, France - In order to avoid some possible cancellations of orders

The French State plans to inject 5 billion Euros into banks with the aim of financing airplane purchases to help European planemaker Airbus, an EADS (European Aeronautic Defence and Space Company) division, in order to avoid the orders' cancellations, a French government source near Economics Minister Christine Lagarde said on Sunday, confirming the indiscretions published on the French daily "Les...

AVIONEWS - World Aeronautical Press Agency - 1098988
Rome, Italy, 01/26/2009 17:51
AVIONEWS - World Aeronautical Press Agency

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