UK government will provide Airbus with up to £340 million ($562.2 million) of repayable launch aid for development of the A350, Business Secretary Peter Mandelson confirmed during a visit to Airbus's Filton facility Friday. At the Paris Air Show in June, European governments said they reached agreement to give Airbus €3.5 billion ($4.97 billion) in soft loans for A350 development. The French and German governments already have pledged a combined €2.5 billion for the project, ...

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