German Embargo Hits Airbus’ Saudi Deals

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...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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