PARIS: The French government’s rescue plan for the struggling aerospace industry includes billions of euros in financial aid for suppliers hit by the Covid-19 pandemic.
The measures, worth €15bil (US$17bil), also include an extension of part-time work subsidies to help companies lower payroll costs, and funds for the development of less polluting air travel, Junior Transport Minister Jean-Baptiste Djebbari told Radio Classique yesterday, ahead of the official announcement. The package contains loan guarantees already extended to companies including Air France-KLM
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