December 3, 2007
EADS chief executive Louis Gallois said on Monday that moving production outside the euro zone was needed for survival due to the continued slide of the dollar versus the euro.
He told Europe 1 radio in an interview that the delocalisation would involve all plane types but not all parts.
He added that Airbus was continuing discussions with possible buyers of a number of industrial sites, but the dollar decline did not help.
(Reuters)