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Airbus hit by ban on defence exports to Saudi Arabia

Airbus has taken a €208m (£191m) hit to profits from the ban on selling warplanes to Saudi Arabia imposed by the German government in the wake of the murder of journalist Jamal Khashoggi. The pan-European plane-maker said in its interim results that the …Read more


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Airbus hit by ban on defence exports to Saudi Arabia

Airbus has taken a 208m 191m hit to profits from the ban on selling warplanes to Saudi Arabia imposed by the German government in the wake of the murder of journalist Jamal Khashoggi The pan-European plane-maker said in its interim results that
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European defence industry wrongfooted by Saudi weapons ban

Suing one of your biggest customers may seem unthinkable but the chief executive of Airbus Europes biggest aerospace and defence group will not rule it out Germanys decision last October to ban arms exports to Saudi Arabia following the murder of
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BAE Shares Drop as Saudi Arms Deals Hit by German Export Ban

The fallout from the killing of Khashoggi last October comes at a challenging time for BAE Europes biggest defense supplier Saudi Arabia of the ban and is not facing a cliff-edge scenario regarding exports he said Airbuss German
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BAE shares hit by German ban on Saudi Arabia arms exports

BAE Systems shares fell on Thursday after it admitted a German freeze on Saudi arms exports Airbuss chief executive Tom Enders who has said Germanys ban was a kind of moral high ground attitude Woodburn said The operations of Saudi
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Airbus profits plunge on A380 scrapping and German arms freeze to Saudi

An Airbus A380 takes prolonged suspension of defence export licences to Saudi Arabia by the German government Germany in late March extended by six months an embargo on weapons exports to Riyadh It had instituted the ban on arms sales to Saudi
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Saudi export ban and A380 costs take their toll on Airbus

Costs associated with ending production of the A380 and a German ban on exporting weapons to Saudi Arabia hit Airbus profits in the first three extended by six months an embargo on weapons exports to Riyadh which was imposed following the murder
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