Miguel Sebastian

Posted in News on September 24th, 2017

The Minister of industry, Miguel Sebastian, indicated that the investment of the State in the aviation sector will be 3.724 billion euros in the period 2010-2014. The Minister stressed the necessity of maintaining the investment effort in a sector that keeps 40,000 jobs from quality and innovative. The Spanish Minister for industry, Miguel Sebastian, indicated that the investment of the State in the aviation sector would be 3.724 billion euros in the period 2010-2014, with an endowment that this year will be frozen in the same overall figure than the past. Sebastian, who attended the opening of the Le Bourget air show, on the outskirts of Paris, stressed the necessity of maintaining the investment effort in a sector of which we must be proud because despite the crisis it has been followed by creating employment. In that regard, noted in statements to the press that currently represents about 40,000 jobs, with a very innovative use of quality. More info: incyte.

According to the updated figures from the Strategic Plan for the aeronautical Sector (SPFS) of the five-year period 2010-2014, this year his Department will consecrate 727 million euros, the same as last year. The figure should climb to 741 million euros in 2012, 764 million in 2013 and 765 million in 2014. Spanish technology, technology in the view of Sebastian, the aeronautical industry has shown that the Spanish technology is cutting-edge technology in programmes as the plane of the A400M military transport and the future A350, both of Airbus commercial appliance. After recalling that the weight of Spain in the manufacture of the A350 represents 11% of the total, he added that we must continue to maintain that weight.

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