Pounds 340m to Safeguard 1,200 Jobs ; Big Boost for Airbus

Daily PostAugust 15, 2009

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Summary


MORE than 1,000 jobs at Airbus' wingmaking plant in north east Wales are secure today after agreement on a pounds 340m funding package.

Union and management are celebrating after the Government said it was giving the money in repayable launch aid investment to support the development of Airbus' latest passenger airliner - the A350 XWB.

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Pounds 340m to Safeguard 1,200 Jobs ; Big Boost for Airbus

Wings for the twin-engined jet will be made at Broughton and the launch aid will sustain more than 1,200 jobs within the company - the vast majority of them at the Welsh site - and more than 5,000 within the supp...

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