The European Investment Bank (EIB) and Airbus Group have announced the signature of a €500 million finance contract in support of Airbus Group’s innovation and R&D programmes in Europe, of which €400 million will go to research, development and innovation (RDI) activities in France. This new agreement brings total EIB support for Airbus Group since 2011 to €1.3 billion. This project aims to promote the development of innovative products in order to reduce the aviation industry’s environmental impact, particularly in terms of the energy efficiency of aircraft. It will serve to offer effective solutions that will directly impact aeronautical design

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