European Investment Bank and Parliament Finalize Deal for 50 Water Bombers
What happened
The European Investment Bank and parliament reached an agreement to jointly purchase 50 water bombers. The aircraft, which are Canadian-made, have been used since the 1960s to fight wildfires around the world. De Havilland Aircraft of Canada Limited has been lobbying for a national fleet of 50 new planes due to increasing drought and extreme weather conditions.
From wingsmagazine.com
Why it matters
The procurement is described as a strategic joint EU/EIB purchase, which strengthens the capabilities of Europe. The need for these specialized aircraft is driven by the increasing intensity and frequency of wildfires globally.
From wingsmagazine.com
Who's involved
- European Investment BankBody of the European Union providing funding for projects
- parliamentLegislative body of government involved in the joint deal
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The entities involved
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European Investment Bank
body of the European Union providing funding for projects fostering EU aims, both within and outside the EU
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parliament
legislative body of government