Possible French Government Aerospace Fund in the Works
Posted on 06/07/2020
The French government is contemplating making a €1 billion fund as part of an emergency measure to support the small-to-medium size aerospace industry.
In addition, the French Ministry for the Economy and Finance had allocated €150 million through its state-owned lender Bpifrance Financement SA to invest in French companies that could be bought by foreign actors. The French government might increase the fund to €500 million.