Airbus slashes R&D amid alarm over ‘life-threatening’ US dollar / Warning to EADS over shifting production

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Series Details 23.11.07
Publication Date 23/11/2007
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The weak dollar is threatening the survival of European planemaker Airbus, chief executive Tom Enders told workers in Hamburg on the 22 November 2007. Subsequently, the French Government and WTO head, Pascal Lamy, warned French companies not to shift production outside the eurozone in hasty response to short-term currency movements.

Related Links
BBC News, 23.11.07: Airbus staff 'deny dollar death' http://news.bbc.co.uk/1/hi/business/7108872.stm
BBC News, 22.11.07: Airbus fears 'weak-dollar death' http://news.bbc.co.uk/1/hi/business/7108146.stm
Deutsche Welle, 22.11.07: Airbus Chief Announces New Cuts Over Fear of Falling Dollar http://www.dw-world.de/dw/article/0,2144,2967739,00.html

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