The weak dollar is posing a big challenge for Airbus and the company is open to aircraft deals in euros or in a basket of currencies to offset the impact of the declining greenback on the European aircraft manufacturer's profits, a company official said Sunday.
"The weak dollar is a huge challenge for us as the aviation industry trades in dollars and a lot of the world's manufacturers are based in the U.S.," Airbus spokesman David Velupillai told Dow Jones Newswires at the Dubai air show, which opened Sunday in this booming Gulf city-state.
A weak U.S. dollar does not make the planes more expensive, but it does lower the company's profits since …
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