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Parliamentary question - E-002426/2020Parliamentary question
E-002426/2020

Massive industrial recovery plan for airlines and the aeronautics industry in the light of the economic impact of the COVID-19 pandemic

Question for written answer E-002426/2020
to the Commission
Rule 138
Christophe Grudler (Renew), Dominique Riquet (Renew), Svenja Hahn (Renew), Marie-Pierre Vedrenne (Renew), Jan-Christoph Oetjen (Renew)

Due to the COVID-19 pandemic, airlines have experienced an unprecedented drop in demand and many have grounded their aircraft. These measures have had a huge impact on the aerospace supply chain. Deliveries are delayed, revenues are down and many companies, especially small and medium-sized enterprises, are almost bankrupt.

The USA has decided to provide a massive support package to US aerospace companies totalling almost USD 60 billion. If the EU fails to do the same, it will create a serious imbalance that will penalise the European aerospace industry.

Last updated: 25 September 2020
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