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France announces $16.9 billion in aid to aviation industry

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PARIS – France’s government announced 15 billion euros ($16.9 billion) in rescue money on Tuesday for the pandemic-battered aerospace industry, including plane maker Airbus and national airline Air France.The ministers of finance, transport, defense and environment unveiled the rescue plan for an industry that employs hundreds of thousands of people in France, whose livelihoods have been thrown into uncertainty by travel restrictions prompted by the virus.In exchange for the aid, companies will be required to invest more and faster in electric, hydrogen or other lower-emission aircraft, as France aims to make its aviation industry the “cleanest in the world.”“We will do everything to support this French industry that is so critical for our.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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