A400M Gets New Funding Plan

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A loan package valued at up to EUR1.5 billion (US$2 billion) from the French, German and Spanish governments could help save the troubled European A400M air-lifter project. News of an additional funding stream for the major shareholder company in the programme, EADS, came after talks in Berlin on the 4th February failed to produce a firm plan to solve the crisis over the key European aerospace project. The three governments stressed that EADS would also have to find additional funding to suppo...

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