Airbus is considering suing the German government as its freeze on arms exports ...
BERLIN - Airbus is considering suing the German government as its freeze on arms exports to Saudi Arabia means the company is unable to complete a border security system for the Gulf state, two people familiar with the matter said.
In October, Germany decided to reject future arms exports licenses to Saudi Arabia over the killing of journalist Jamal Khashoggi, and to freeze deliveries of already approved equipment - a move that infuriated allies and defense companies. “We are looking at an action for failure to act,” said one source familiar with the matter, speaking on Sunday on condition of anonymity. “We want to force the federal government to decide now.”The German government has said it could not comment on any potential corporate compensation claims as a result of the Saudi arms export ban until any materialize.In late March, Germany extended the ban on arms exports to Saudi Arabia until the end of September, with a few exceptions.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Airbus keeps targets after Saudi writedown takes shine off earningsEuropean planemaker Airbus stuck to full-year financial targets after reporting ...
Leer más »
Airbus Set to Pass Boeing in Jetliner Production, Amid 737 MAX GroundingAirbus posted a steep rise in first-quarter adjusted profit, driven by increased plane deliveries and putting the European plane maker on pace to overtake troubled U.S. rival Boeing to become the world’s largest jetliner maker this year.
Leer más »
Airbus struggles to profit from Boeing miseryThe European planemaker is wary of ramping up output despite its U.S. rival’s 737 MAX problems. Avoiding a price war may be one reason and airlines have yet to commit to switching suppliers. Without firm orders, investing in more production would squeeze free cash flow further.
Leer más »
Kazakhs, foreign investors puzzled by power-sharing leadersThe new Kazakh president, Kassym-Jomart Tokayev, flies a modest Airbus A321 jet....
Leer más »
Emirates looking at possible Airbus option after Boeing 737 Max groundingAhmed bin Saeed Al Maktoum tells CNBC he is not yet set to cancel current orders with Boeing but he cannot sit and 'do nothing.'
Leer más »
Flydubai could take Airbus jets if Boeing MAX grounding prolongedFlydubai's chairman warned on Monday the airline could order Airbus A320neo...
Leer más »
Why Airbus isn't pouncing on Boeing's 737 MAX turmoilWhen Boeing launched its 737 MAX jetliner in response to Airbus's record-se...
Leer más »
EU belittles U.S. claims as 'frankly childish' at WTO Airbus hearingA European Union trade lawyer fired withering put-downs at U.S. claims for damag...
Leer más »
Why so many big German companies are in troubleGerman companies, such as Volkswagen and Bayer, are facing international heat
Leer más »
ING says German arm growing well on its own amid Commerzbank talkING Groep NV's German business is growing very well independently, the Dutc...
Leer más »