France will provide $16.9 billion to its aviation industry to keep pace with the United States and China in the aerospace race and secure 100,000 jobs over the next six months.
The $16.9 billion package includes $7.9 billion in support for Air France and around $1.7 billion to be allocated for research and development to produce a carbon-neutral aircraft in 2035.
French Economy Minister Bruno Le Maire noted that their goal is not only to help the country keep in step with aircraft manufacturers such as Boeing of the United States and COMAC of China but make France the country that designs and produces the planes of tomorrow.
Meanwhile, the French government said it would bring forward pending military orders for France-based Airbus refueling tankers and helicopters.
Airbus secured a $16.9 billion credit facility in March and would also benefit from the aid provided to Air France, being one of its biggest customers.


South Korea Factory Output Misses Forecasts in November Amid Ongoing Economic Uncertainty
South Korea Factory Activity Returns to Growth in December on Export Rebound
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations
South Korean Won Slides Despite Government Efforts to Stabilize Currency Markets
China Manufacturing PMI Rebounds in December, Offering Boost to Economic Growth Outlook
China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry
USDA $12 Billion Farm Aid Program Draws Mixed Reactions from Row Crop Farmers
Forex Markets Hold Steady as Traders Await Fed Minutes Amid Thin Year-End Volumes
Singapore GDP Growth Surges in 2025 but Outlook Remains Cautious Amid Global Trade Risks
Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook
Citi Forecasts a Volatile but Ongoing Bull Market for S&P 500 in 2026
U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom
U.S. Dollar Steadies Ahead of Fed Minutes as Markets Eye Policy Divisions
Trump Delays Tariff Increases on Furniture and Cabinets for One More Year
U.S. Stock Futures Slip as Year-End Trading Turns Cautious
Asia Manufacturing PMI Rebounds as Exports and Tech Demand Drive Growth into 2026
Asian Markets End Year on AI Optimism as Precious Metals and Currencies Shine 



