• 22-MAR-2007

Volvo Aero and Swedish Government Invest EUR 13.5 Million to Develop Environmentally Compatible Aircraft Engines

The SEK 126 million (EUR 13.5 M) investment will be used to develop lightweight components for more fuel efficient aircraft engines, making them more environmentally compatible. Volvo Aero's FLUD programme (Swedish demonstrator for environmentally compatible aircraft engines) is receiving partial financing from Swedish government agency Vinnova, making it the first time the country has a commercial demonstrator programme in aviation.