Dubbed Balman, the balloon may be used to watch a given area, thanks to its station-keeping capability, at a lower cost than a geostationary satellite.
The French aerospace sector receives public funding for research but makes a strong contribution to the balance of trade, lobbying association GIFAS says.
Airbus and Daher are negotiating for the potential acquisition of some Daher activities in A320 family aerostructures subassembly near Nantes, Western France.
Ryanair expects to cut capacity on French regional routes by up to 50% starting in January 2025 if the French government decides to increase passenger taxes.
The company has also announced a partnership with Tecnam aircraft dealer Altisky for local assembly and distribution across North America and the Caribbean.
The plans are part of the new French government’s proposed 2025 budget and would see a tripling of the so-called Solidarity Tax on Airline Tickets (TSBA).