Global Trade Alert
Global Trade Alert

France: EUR 15 billion Support Plan to the Aeronautics sector (COVID-19)

Announcement

09 Jun 2020

In June 2020, the French government announced a Support Plan for the Aeronautics sector as a response to the COVID-19 pandemic, aiming to mobilize around EUR 15 billion in aid, investments, loans, and guarantees.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Jul 2020

Revocation date:

No revocation date

Updated: 09 Jun 2020
Financial investment support In force

On 9 June 2020, the French government announced a Support Plan for the Aeronautics Sector as a response to the COVID-19 pandemic, composed of three interventions, aiming to mobilize a total amount ...

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Implementation date

09 Jun 2020

Revocation date:

31 Dec 2022

Updated: 09 Jun 2020
State aid, unspecified

The second and third interventions of the Support Plan for the Aeronautics Sector are financing has a total budget of EUR 1.8 billion (approx. USD 2 billion).

The second inte...

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