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French government welcomes Airbus` deal on Bombardier CSeries stake

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FILE PHOTO – The logo of Airbus is seen on a Beluga transport plane belonging to Airbus in Colomiers near Toulouse, France, September 26, 2017. REUTERS/Regis Duvignau/File Photo

The French government, which owns an 11 percent stake in Airbus, welcomes the airplane maker’s deal for a majority stake in Bombardier’s CSeries jet program, Finance Minister Bruno Le Maire said on Tuesday.

PARIS (Reuters) – The French government, which owns an 11 percent stake in Airbus, welcomes the airplane maker&rsquo-s deal for a majority stake in Bombardier&rsquo-s CSeries jet program, Finance Minister Bruno Le Maire said on Tuesday.

&ldquo-I welcome this news, everything that makes Airbus stronger, everything that makes the European aircraft manufacturing industry stronger goes in the right direction,&rdquo- Le Maire told journalists, after Airbus agreed on Monday to buy a majority stake in the Bombardier CSeries jetliner program.

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