Airbus to cut Russian titanium purchases – Reuters ...News

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Airbus to cut Russian titanium purchases – Reuters
The shift to new suppliers will come in a matter of months, according to the plane maker Major aircraft manufacturer Airbus expects to cut its reliance on Russian titanium supplies within months, chief executive of Airbus Defence & Space Michael Schoellhorn said on Thursday, as quoted by Reuters. The company has reportedly expanded supplies of the vital metal from alternative exporters in an effort to shun supplies from Russia as part of broader EU sanctions on the country. “We are in the process of decoupling from Russia when it comes to titanium. It will be a matter of months, not years,” Schoellhorn told a comp

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