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Article: Spain: BRIEF-Airbus says to pay suppliers in dollars.
- Article from:
- TendersInfo
- Article date:
- October 9, 2008
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Wed, Oct 8 2008, 10:23 GMT
http://www.afxnews.com
LAUPHEIM, Germany, Oct 8 (Reuters) - EADS NV:
* Airbus executive vice president for operations Gerald Weber says all future contracts with suppliers will be in dollars.
* Airbus was roiled by currency fluctuations in the past year as the dollar sank towards $1.6 to the euro. It has since recovered to $1.36, close to the $1.35 level asssumed in the planemakers original Power8 restructuring plans.
* Airbus sells aircraft in dollars and reports in euros.
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