Airbus regains colors.
The aeronautics sector is "out of the woods", a year and a half after the start of the Covid-19 health crisis, said Friday the Minister of the Economy Bruno Le Maire, highlighting the aid provided by the State.
“She's out of the woods and is starting to restart, with orders resuming.
Air transport is restarting, very strong in the United States and China, more slowly in Europe, ”said Bruno Le Maire during a visit to the Airbus site in Blagnac near Toulouse.
"The French state saved Airbus, it saved the aeronautical industry and the thousands of people who work there", insisted the minister, recalling the 15 billion euros - guaranteed loans, support for equity and investment and partial activity - allocated to the aeronautics sector under the France Relance plan.
According to him, without this aid, "the aeronautical industry, which has gone through the most serious crisis since 1945, could have disappeared".
Caution and determination
"The reality only fourteen months ago, it was air transport completely at a standstill and completely blocked prospects for the industry," he said after a visit to the A350 assembly site. . "And when air transport is at a standstill, you could have had a chain of bankruptcies which would have wiped out 30 years of efforts and a century of French industrial history in twelve months", added the Minister of the Economy. .
"And when air transport is at a standstill, you could have had a chain of bankruptcies which would have wiped out 30 years of efforts and a century of French industrial history in twelve months", added the Minister of the Economy. .
Bruno Le Maire said he wanted to remain "cautious" and "determined": "the sector is out of the woods but we must continue to invest in skills as in new technologies".
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