France Pledges €15bn To Support Aviation Sector
The French Government has said it will provide 15 billion euros ($16.9 billion) to support the country’s aviation industry, which has been devastated by the travel restrictions ordered to eradicate coronavirus pandemic, Finance Minister Bruno Le Maire said Tuesday.
We are declaring a state of emergency to save our aeronautics industry so that it can be more competitive,
Le Maire said at a press conference in Paris.
The plan includes 1.5 billion euros to spur research on a future “carbon neutral plane,” he added.
Justin Nwosu is the founder and publisher of Flavision. His core interest is in writing unbiased news about Nigeria in particular and Africa in general. He’s a strong adherent of investigative journalism, with a bent on exposing corruption, abuse of power and societal ills.
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