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Commission approves UK £113.7 million R&D aid to Short Brothers for development of composite wings

  • Squire Sanders
  • -
  • European Union, United Kingdom
  • -
  • June 23 2009

The European Commission has approved, under EC Treaty State aid rules, a repayable cash advance of £113.7 million (120.59 million) that the UK plans to give to Short Brothers PLC, a 100 subsidiary of Bombardier, for the development of composite wings for Bombardier's new CSeries aircraft

Commission endorses 33 million aid to Volvo Aero Corporation for GEnx aeroengine component R & D

  • Squire Sanders
  • -
  • European Union, Sweden
  • -
  • June 23 2009

The European Commission has authorised, under the EC Treaty rules on State aid, a repayable advance of SEK 304 million (approx. 33 million) that Sweden intends to grant to Volvo Aero Corporation for the research and development of GEnx aircraft engine components