German Embargo Hits Airbus’ Saudi Deals

July 31, 2019
Credit: A400M: Adrian Schofield
Airbus says Germany’s ongoing suspension of export licenses for defense equipment to Saudi Arabia has cost the company more than €200 million ($222.9 million) as it struggles to complete contracts with Riyadh. Revealing the impact of the charges in its half-yearly results on July 31, Airbus said the...

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