France pledges 15 bn euros for stricken aviation firms

Paris (AFP) June 9, 2020

The French government on Tuesday pledged 15 billion euros ($16.9 billion) for the country's aviation industry, where thousands of jobs are on the line as the coronavirus crisis hammers the travel industry. "We are declaring a state of emergency to save our aeronautics industry so that it can be more competitive," Finance Minister Bruno Le Maire told a press conference in Paris. "If we ha