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Commercial Service TOP NEWS: Airbus COO Sees Strong Euro Hurting Recovery |
| business - Transportation - News created: 21. september 2007 21:39 |
| Airbus's chief operating officer said the rise in the euro to above USD$1.4 meant the European plane maker might have to find another billion euros in savings under a restructuring plan drawn up with the euro at USD$1.35.
"If the euro remained durably at USD$1.45, that would mean we had to find one billion euros in additional savings under Power ... |
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