Re: France lends 1.2 bln euros for Airbus superjumbo

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You little beauty!!!  Airbus v Boeing.  Bring it on, Bill.

Grant
SYD
QF


lafrance@verizon.net wrote:

>  France lends 1.2 bln euros for Airbus superjumbo
>
>
> Friday March 15, 3:13 PM EST
>
> PARIS, March 15 (Reuters) - France's transport ministry has agreed to extend a repayable loan worth 1.213 billion euros to Airbus France to help develop Airbus's (EAD) new superjumbo, the A380.
>
> "The advance has been agreed to at market rates and will be reimbursed as deliveries take place," the ministry said in a statement on Friday.
>
> It added it would also help other big firms that had struck partnership agreements with Airbus to develop the plane.
>
> Airbus is 80 percent owned by EADS and 20 percent by Britain's BAE Systems (BA).
>
>
> Roger La France
> EWR
> CO767 or ewrgateman on IAM

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