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Costs reduction for Airbus to obviate dollar weakness
Paris, France - Hazard return for European consortium
To avoid the risks of change in case of a new dollar weakness, Airbus will reduce its costs of EUR 1,5 bn within 2006. The European consortium is particularly sensitive to the variations of the American currency because it works to 50% with that currency and so it risks to weaken its position in the comparisons of Boeing, that uses American dollar to 100%. Purpose of the cost reduction is to assure...
AVIONEWS - World Aeronautical Press Agency - 40942
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency