• $ 1.7
  • € 2.0035
  • ₽ 0.021707
  • ₺ 0.0427
  • £ 2.336

Airbus wins reprieve from Canadian sanctions on Russian titanium

Airbus wins reprieve from Canadian sanctions on Russian titanium
24.04.2024 12:31
Canada has granted Airbus a waiver to allow it to use Russian titanium in its manufacturing after becoming the first Western government to ban supplies of the strategic metal in its latest package of measures triggered by the war in Ukraine, reported from Reuters.

The move gives Airbus flexibility in its Canadian plants and is expected to allay concerns that its core operations could be hit by effectively banning the import to Canada of its European-built jets that rely most heavily on lightweight titanium.

"Airbus is aware of the Canadian government imposing sanctions on VSMPO and has obtained the necessary authorisation to secure Airbus operations in compliance with the applicable sanctions," Airbus Canada said in response to a Reuters query.

It did not elaborate on the approvals or say how long they would remain in effect.





www.anews.az
Similar news
Similar news
Former Armenian president Serzh Sargsyan charged with bribery and illegal business activity
World 16:30
Former Armenian president Serzh Sargsyan charged with bribery and illegal business activity
Trump says Israel agrees to 60-day Gaza ceasefire
World 14:00
Trump says Israel agrees to 60-day Gaza ceasefire
Macron calls Zelensky after phone conversation with Putin
World 13:00
Macron calls Zelensky after phone conversation with Putin
Putin and Macron hold first phone call in three years
World 12:00
Putin and Macron hold first phone call in three years
Clashes erupt at mass opposition rally in Istanbul
World 11:00
Clashes erupt at mass opposition rally in Istanbul
Kim Jong Un honors North Korean troops killed fighting for Russia in Ukraine
World 17:30
Kim Jong Un honors North Korean troops killed fighting for Russia in Ukraine
Georgian opposition parties announce boycott of local elections
World 16:30
Georgian opposition parties announce boycott of local elections
Trump lifts U.S. sanctions on Syria, orders review of terrorism designation
World 14:30
Trump lifts U.S. sanctions on Syria, orders review of terrorism designation
Iran moves to gain control of Russian Astrakhan port
World 14:00
Iran moves to gain control of Russian Astrakhan port
Anews TV

Our official Youtube channel

Subscribe