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Europe Daily Bulletin No. 9769

25 October 2008
Contents Publication in full By article 42 / 48
GENERAL NEWS / (eu) eu/state aid
Spanish aid for development of Trent 1000 aircraft industry

Brussels, 24/10/2008 (Agence Europe) - On 22 October 2008, the European Commission authorised €35 million in public funding that Spain is planning to grant Industria de Turbo Propulsores (ITP) for the development of the low-pressure turbine for the Trent 1000 engine (being developed by Rolls-Royce for the Boeing B787). After an in-depth investigation launched in March 2007, the Commission found that this was indeed state aid but satisfied the requirements of the EU framework for state aid...

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