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France Earmarks $17 Billion for Ailing Aerospace Industry

  • New orders for planes, air travel have dried up with pandemic
  • Le Maire says 100,000 jobs in the industry are at risk
Nippon Airways Co. Take Delivery of an Airbus SE A380 Superjumbo
Photographer: Balint Porneczi/Bloomberg
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France unveiled an aerospace rescue plan to bolster European planemaker Airbus SE and its financially-strapped suppliers with measures aimed at preventing massive job losses and underpinning aircraft orders.