27.11.2007
FLUG REVUE

2007-11-25 - Airbus Dollar CrisisAirbus faces Dollar crisis

Hoher Dollarkurs ist große Gefahr für Airbus<br /> Airbus faces a crisis of "life-threatening" proportions as a result of the rise of the euro against the dollar, company chief executive Thomas Enders told employees in Hamburg.

Enders outlined renewed "radical measures" on top of the current Power 8 plan, which is aimed at cutting thousands of jobs to counter the threat to the company. "We have to reassess our business model," Enders said. "We're talking about radical measures." He referred to the possibility of outsourcing production to cut costs.




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