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<p>We continue work closely with both Bombardier Aerostructures and Engineering Services
and Invest Northern Ireland (INI) to identify opportunities for securing new work
to help grow the Company’s business in Belfast. As previously announced, we and INI
are providing around £27 million funding to support Bombardier’s investment in new
R&D projects to enable Bombardier to develop and manufacture new, competitive
products to secure their long-term future. Bombardier, like many of our innovative
companies in the UK Aerospace sector, benefit from Department for International Trade’s
overseas network, promoting their products and services to new customers in key markets.
UK Export Finance have and will continue to provide (on a case by case basis) export
finance support on Bombardier products, including the A220. UKEF has, to date, supported
the deliveries of 10 A220s to Korean Air.</p>
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