Aviation sector : the state presents a plan of support to 15 billion euros - The Point

on Tuesday, Bruno Le Maire, announced the measures taken to safeguard the sector of the French aeronautical industry, highly impacted by the pandemic of sars co

Aviation sector : the state presents a plan of support to 15 billion euros - The Point

on Tuesday, Bruno Le Maire, announced the measures taken to safeguard the sector of the French aeronautical industry, highly impacted by the pandemic of sars coronavirus. The minister of the Economy, unveiled his comprehensive plan to support the aeronautics industry, representing " a total effort of 15 billion euros of the nation ", of which 1.5 billion devoted to research toward a plane to be carbon-neutral by 2035.

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"We decree the state of emergency to save our aviation industry to allow it to be more competitive "and more" low carbon "in producing the" green aircraft " of the future, said Bruno Le Maire during a press conference at Bercy. Approximately € 1.5 billion of public funding will be spent in the next three years for research and development in order to " reach a plane to be carbon-neutral by 2035 ", announced the minister.

"The goal is to prepare the next generations"

While nearly one-third of the 35 000 jobs dedicated to R & D in the aerospace industry are challenged by the difficulties of the sector, the objective is to prepare the next generation of commercial aircraft, helicopters and business aircraft with new propulsion modes that emit less CO2, such as hydrogen engines and very high dilution rates ". "It is an acceleration of 10 years compared to the initial objectives of the sector. This will enable us to set new global standards of the aircraft in low carbon, " said the minister of the ecological Transition Elizabeth Terminal.

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in Order to" accelerate the transformation of SMES and enterprises of intermediate sizes, the State and the industrialists of aeronautics have also agreed to create an investment fund with 500 million euros as early as this summer, and at the end of a billion euros. The State, through the public bank Bpifrance, " will bring 200 million euros, the industrial (Airbus, Safran, Dassault Aviation and Thales, editor's NOTE) 200 million euros also, at least 100 million will be provided by the fund manager, which will be selected by call for tenders ", said Bruno Le Maire.

These 500 million euros "will raise a billion to run," he said. In addition, another fund of assistance for the modernization of the production tool, and in particular the digitization and robotization of SMES and ETI, with 300 million euros of public spending direct over three years, has been created, he also announced.

Anticipate orders

in addition, the ministry of the Armed forces will anticipate from this year, the orders of military aircraft that were planned for later, to the tune of 600 million euros, or approximately 5% of its budget equipment, announced minister Florence Parly. These controls relate in particular to three Airbus A330 aircraft, which will eventually be transformed into tanker aircraft (A330 MRTT), 8 helicopters of maneuver Caracal, a light aircraft, surveillance and intelligence and drones for the navy.

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Some 200 million will also be spent by the Interior in the purchase of aircraft for the gendarmerie and civil security, while the budget of the fund in SMES in the defense industry, appointed Definvest, will be increased from 50 to 100 million euros for the next five years. The aviation sector represents 300 000 direct and indirect jobs in France. "If we had not intervened immediately, it is one-third of the jobs in the industry that would have disappeared," said Bruno Le Maire, calling on the industry to all, " do to avoid the departures forced ".

alone, the company Air France received 7 billion euros of State aid in the form of direct loans or bank loans guaranteed by the public authorities, a sum included in the $ 15 billion plan. This should in particular enable him to concretize the order of 60 Airbus A220 and 38 widebody A350 as it was planned.

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Updated Date: 09 June 2020, 05:33

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