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Aircraft and industry. Airbus is risking to pay a big penalty to Russia's VSMPO

Verkhnyaya Salda, Russia - "Politics is politics and business is business", the CEO of the world's largest titanium producer explains

Airbus is risking to pay a significant penalty in case the Tolouse-based aerospace company decides to quit the 4-billion-dollar contract with the Russian firm VSMPO-Avisma, the world's largest titanium producer. In late April the United States levied sanctions (from asset freezes to visa bans) to several Russian individuals who are considered to have played a significant role in the escalation of...

AVIONEWS - World Aeronautical Press Agency - 1160428
Rome, Italy, 05/23/2014 15:19
AVIONEWS - World Aeronautical Press Agency

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