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View Full Version : Airbus to get $6.5 billion


godoftrading
01-26-2009, 12:44 PM
PARIS (Reuters) - The French state plans to inject 5 billion euros ($6.5 billion) into banks with the aim of financing airplane purchases to help European planemaker Airbus (EAD.PA), a French government source said on Sunday.

"There is indeed a plan to lend 5 billion euros to the banks to finance Airbus contracts," the source said, confirming an earlier report in the business newspaper Les Echos.

http://uk.reuters.com/article/pressReleases/idUKTRE50O1MX20090125