Airbus suppliers face troubles to obtain financing

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Source: Marketwatch
© Scanpix/AFP

Small and medium-sized Airbus suppliers have difficulties to get financing as the banks are concerned about deteriorating situation in the euro-zone. Banks avoid even viable financing in the aircraft, said Thomas Enders, Airbus Chief Executive. The company expects essential increase in production in 2012 taken the strong demand, he added.

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Thu, 24 Nov 2011 13:07:06 GMT

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