Germany to offer Airbus guarantee for A350 -magazine

12 September 2009 @ 01:03 pm EDT

The German government plans to support the planned construction of the Airbus A350 wide body plane with a state guarantee worth 1.1 billion euros ($1.61 billion), a magazine reported on Saturday. Focus magazine said the government would secure a loan from state-owned bank KfW, citing a confidential memorandum from Germany's finance and economy ministries to the parliamentary budget committee.


Germany to offer Airbus guarantee for A350 -magazine
A worker stands beside a special transport ship at the Airbus facility in Finkenwerder near Hamburg January 28, 2009. The new Ro-Ro transport ship 'City of Hamburg' arrived for the first time at the Airbus plant in Finkenwerder on Wednesday to transport fuselage sections and wings of the A380 to the French Airbus plant in Bordeaux. The German government is talking with state lender KfW and domestic banks about new steps to help Airbus customers g...
1 of 1

Copyright 2009 Thomson Reuters. All rights reserved.

E-Newsletters

We value your privacy. Your email address will not be shared.

Home
World
US
Economy
Companies
Tech
Science
Global Markets
Education
Real Estate
Forex
Commodities
Gold & Silver Matters
More Sections
Fashion
Auto
Travel
Health
Law
Entertainment
Sports
Luxury
Art
Books
Tech & Trend
Tools & Features
Topics
Blogs
Market Data
Stock Watch List
Investment Calculator
Financial Glossary
Broker Center
World Business Headlines
Updates
RSS Feeds
IBTimes on Twitter
IBTimes on Facebook
E-Newsletters
Services
Forex Newsfeed
Research
Press Release
About IBTimes
News Licensing
Media Kit
Advertise with Us
About IBTimes
Contact Us
Terms of Service
Privacy Policy