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LONDON — As Europe aggressively advances its sovereign defense capabilities amid fraught transatlantic relations, Airbus continues to reluctantly accept the necessity of pricing its aircraft in the still-dominant U.S. dollar, CEO Guillame Faury said, leaving the European plane maker exposed to currency fluctuations and geopolitical upheaval.
Asked by The Air Current on the sidelines of the Farnborough International Airshow if the dollar was still the right currency in which to sell Airbus aircraft, Faury said, “Has it ever been?”
“From a pure Airbus perspective, obviously [the] dollar is not the currency we like to have, but it’s currency that is really dominating a number of industries and that has been the currency of aviation since a long time,” said Faury.
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