EC Approves State Aid For Helicopter Manufacturers | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-12.08.25

AirborneNextGen-
12.02.25

Airborne-Unlimited-12.03.25

Airborne-FltTraining-12.04.25

AirborneUnlimited-12.05.25

AFE 2025 LIVE MOSAIC Town Hall (Archived): www.airborne-live.net

Thu, Mar 08, 2012

EC Approves State Aid For Helicopter Manufacturers

Greenlights Subsidies From French, Italian Governments

The European Commission has given the go-ahead to the governments of France and Italy to provide state aid to EADS and Finmeccanica for the development of new civilian aircraft.

The companies will be assisted in the development of the Eurocopter X4 and the AgustaWestland AW169, respectively, according to a report from Dow Jones in the Wall Street Journal. Both are medium-lift helos.

Eurocopter will receive the equivalent of $187 million in the form of a repayable advance. Finmeccanica will receive a zero-interest subsidized loan form the Italian government amounting to $357 million at current exchange rates. The EC is the body with antitrust authority in the European Union.

European Competition Commissioner Joaquin Almunia called the subsidies "fully justified" in terms of the European public interest, as well as environmental and research and development considerations.

FMI: http://ec.europa.eu/index_en.htm

Advertisement

More News

Aero-News: Quote of the Day (12.07.25)

“This vote sends an undeniable message to Air Transat management: We are unified, resolute, and have earned a contract that reflects today’s industry standards, not the>[...]

ANN's Daily Aero-Linx (12.07.25)

Aero Linx: Beech Aero Club The Beech Aero Club (BAC) is the international type club for owners and pilots of the Beech Musketeer aircraft and its derivatives, the Sport, Super, Sun>[...]

NTSB Final Report: Lafferty Jack Sea Rey

While Landing In The River, The Extended Landing Gear Contacted The Water And The Airplane Nosed Over, Resulting In Substantial Damage Analysis: The pilot of the amphibious airplan>[...]

Classic Aero-TV: The B29 SuperFortress ‘Doc’ - History in Flight

From 2022 (YouTube Edition): Carrying the Legacy of The B-29 For Generations to Come We had a chance to chat with the Executive Director of B-29 Doc, Josh Wells, during their stop >[...]

Airborne 12.08.25: Samaritan’s Purse Hijack, FAA Med Relief, China Rocket Fail

Also: Cosmonaut Kicked Out, Airbus Scales Back, AF Silver Star, Russian A-60 Clobbered A Samaritan’s Purse humanitarian flight was hijacked on Tuesday, December 2, while atte>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC