France intends to announce a stimulus plan for the aviation industry within ten days, as the country's economy suffers from the repercussions of the Corona virus epidemic.
According to the statement, the French Finance Minister, Bruno Le Mer, in a television interview, said the measures would include setting up an investment fund to help small and medium-sized companies in the sector, noting He wants the four major French companies operating in the aviation industry - TALSA, Safran SA, Airbus SE and Dassault SA to manufacture aircraft in the box.
The French aviation plan will follow a € 8 billion ($ 8.9 billion) stimulus package for the country's troubled auto industry, which was announced last Tuesday and includes five billion euros in The form of state-supported loans to the French company, Renault
The aviation industry is the largest export sector in France, with foreign sales reaching 64.2 billion euros in 2019, according to customs statistics.
