The French government has announced that it will provide 15 billion euros ($16.9 billion) to support the country’s aviation industry, which has been badly hit by the travel restrictions imposed to blunt the coronavirus pandemic.

This was disclosed by France Finance Minister, Bruno Le Maire.

“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.

(AFP)

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