Sanctions against Russia – Airbus urged not to impose a ban on the import of titanium from Russia

Airbus urged Europe not to block titanium imports from Russia, saying that sanctions on the strategic metal would harm the aerospace industry but would hardly harm the Russian economy.

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“Expanding sanctions on titanium used in aircraft and jet engines would be ‘inappropriate’,” Airbus CEO Guillaume Faury said at its annual shareholder meeting.

Russia is the largest titanium producer in the world. The EU has so far avoided a ban on Russian goods other than steel and coal. Airbus is accelerating its search for alternative supplies in the long term, Faury said.

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