France announces €15bn plan to shore up Airbus and Air France
by Gwyn Topham Transport correspondent from on (#54GAY)
Aerospace rescue package calls for investment in electric and hydrogen planes
France has unveiled a 15bn (13bn) rescue plan for its aerospace industry, in an attempt to preserve hundreds of thousands of jobs and shore up the manufacturer Airbus and the national carrier, Air France.
Ministers said companies would have to ramp up investment in alternative technologies such as electric and hydrogen planes as part of the bailout.
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