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


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


Tom S. Pick
  • Squire Patton Boggs