Bombardier: Northern Ireland
(asked on 9th October 2017) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government what financial support they provided to Bombardier Aircraft Division for the "C" Series aircraft; what was the amount of that support; and when that support was forthcoming, and under what terms.
This question was answered on 17th October 2017
The UK Government's Repayable Launch Investment of £113.37 million to support Bombardier Aerospace (Shorts) in the design and development of the C Series aircraft wings was notified to the European Commission on 19 December 2008; and was approved on 18 June 2009.
Terms of the repayable launch investment are commercially sensitive.