French aerospace sector concerned about hit to industry from government budget

PARIS (Reuters) – The French government’s budget and its plans for taxes on the aviation sector could negatively impact the country’s aviation and aerospace industry, warned the French Aerospace Industries Association (GIFAS) said on Monday.

The industry body added in a statement that the new taxes could also hit French tourism and the global competitiveness of French aerospace and aviation companies.

(Reporting by Makini Brice; Editing by Sudip Kar-Gupta)

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