FRENCH APPROVE EXPORT CREDIT DEAL

Dino D'Amore
By Dino D'Amore December 23, 2010 14:51

FRENCH APPROVE EXPORT CREDIT DEAL

French ministers have commented that they were happy with the deal on export credit for airlines.

“The new agreement allows financial support conditions for all civil aircraft to be unified,” said Christine Lagarde, economic minister, foreign trade minister Pierre Lellouche and transport minister Thierry Mariani.

“This new regulatory framework takes into account the interests of the European manufacturer Airbus, which will continue to benefit from the state guarantee in some of its exports,” the French ministers said in a statement. Airbus “will be subject, as far as financing is concerned, to the same rules of the game as its competitor Boeing,” they added.

The ministers said the deal would allow for a better balance between French, German and British airlines and their competitors.

Dino D'Amore
By Dino D'Amore December 23, 2010 14:51
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Ffinance%2Ffrench-approve-export-credit-deal%2F"> registered </a> users can comment.