France confirms €1 billion target for aerospace fund

PARIS (Reuters) - France is seeking to create a 1 billion euro (£891 million) fund as part of an emergency plan for the aerospace industry to be unveiled in the coming days, the transport minister said on Sunday.Sources familiar with the proposals had said last week that French government and industry officials were negotiating a 1-billion-euro, privately-led investment fund to help small aerospace suppliers recover from the coronavirus crisis."For one of the funds, that is more or less the..