Bailout saves Airbus military plane

European nations agree $5bn lifeline for troubled transport aircraft.

    The troubled Airbus A400 military aircraft has received a $5bn lifeline from European nations buying the plane.

    The heavy lift transport plane is already four years behind schedule and nearly $10bn over budget.

    The fate of the aircraft has been closely watched in the French city of Toulouse, home to Airbus headquarters where a quarter of all jobs depend on the aircraft giant.


    Al Jazeera's David Chater reports.

    SOURCE: Al Jazeera


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