Weak dollar weighs on Airbus

In the late afternoon of April the 23^rd, 2008, the euro crossed the barrier of $1.60.
Because of this gain in favor of the euro, exporters producing products which are priced in dollars are having hard times. Airbus for example, says it will raise the price of its aircrafts.
While metal prices are climbing fast, the dollar has lost a lot of value against the euro these last years. And since aircrafts are for about 40% made out of metal, Airbus has to get that extra money from somewhere.
Struggling to reduce the effect of unfavorable exchange rates, they are also trying to reposition its production to transfer more costs into dollars.

http://www.nytimes.com/2008/04/23/business/worldbusiness/23dollar.html

Jasper Soete