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Monday, March 31, 2008
Airbus Results Point to Tougher Price on New Aircraft
With Airbus reporting a loss of nearly Euro Euro900 million for 2007 the pressure is mounting for the manufacturer to secure higher prices for new aircraft. In 2007, Airbus essentially lost over a billion Euros due to the weakness of the dollar. While Airbus is already in the process of cutting costs largely...
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