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LONDON SCRAPS CIVIL AEROSPACE EXPORTS SUBSIDY

LONDON, According to the major financial agency the British government has scrapped a long-standing subsidy for civil aerospace exports that the industry claims will hamper efforts of Europe's Airbus Industrie to compete against the U.S Boeing Co.. The government's export credit agency, ECGD, has axed an interest-rate subsidy deal for purchasers of aircraft and engines which it operated in partnership...

AVIONEWS - World Aeronautical Press Agency - 8302

AVIONEWS - World Aeronautical Press Agency
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