Airbus workers deny dollar danger
THE weak dollar is not threatening the survival of European plane maker Airbus, employees at the company have assured the public.
The firm's workers' council says that although the strong euro did pose a problem, it was not life threatening for Airbus as its chief executive Thomas Enders had suggested.
Enders said the exchange rate had gone "beyond the pain barrier" and warned its cost-saving plan would have to cut deeper to counter the impact of the weak dollar. Airbus is already shedding 10,000 jobs and selling plants after delays to its A380 superjumbo drove the company into a loss.
Email to a friend
Print this page- David Cameron is playing into the SNP’s hands, says Michael Forsyth
- Rangers administration: European hopes in doubt as wait goes on for tax tribunal result
- Brian Monteith: Positive push to keep Scotland in the union
- Rangers administration: Calls grow for finance inquiry
- Scottish independence: No vote for under 18s, says Michael Moore
- David Cameron is playing into the SNP’s hands, says Michael Forsyth
- Scottish independence: Ruth Davidson points to welfare
- Scottish independence: SNP’s plans ‘in a state of flux’, Willie Rennie claims
- First Minister accused of snubbing devolved nations
- ‘Troubled times’ for shops as customers fall
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Monday 20 February 2012
Today
Light rain
Temperature: 7 C to 9 C
Wind Speed: 25 mph
Wind direction: South west
Tomorrow
Cloudy
Temperature: 9 C to 12 C
Wind Speed: 21 mph
Wind direction: South west
