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Weak Dollar a 'Life Threat' to Airbus

Airplane giant urges European governments to slow surging euro

By Jim O'Neill, Newser User

Posted Nov 23, 2007 6:49 AM CST

(Newser) – The weakening dollar has European aerospace giant Airbus in a tailspin that could be “life-threatening,” CEO Tom Enders said yesterday, the Financial Times reports, adding that the exchange rate has “gone beyond the pain barrier.” Airbus said every 10-cent decline in... Read full story »

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Weak Dollar a 'Life Threat' to Airbus

Airplane giant urges European governments to slow surging euro

Boeing • world economy • Airbus • US dollar

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