Airbus, the largest company in Europe’s aviation industry, received permission from the Canadian government to use Russian titanium in its production, despite the sanctions imposed. This information was provided by the agency. Reutersreferring to a company’s statement.
Airbus factories are also located in Canada, and a ban on the use of Russian titanium could seriously affect production processes in that country.
In the company’s statement, it is stated that despite the restrictions imposed on the Russian metallurgical company VSPMO-Avisma, Airbus has received permission from the Canadian government to conduct its activities in accordance with existing sanctions.
March 21 Washington Post WroteHe said Western companies had purchased hundreds of millions of dollars worth of Russian titanium since February last year, bypassing sanctions imposed on the Russian Federation.
According to the publication, Western countries remain dependent on Russia for a number of goods, despite promises to break economic ties with Moscow. When it comes to titanium, this dependence raises safety concerns because the metal is vital in the production of commercial and military aircraft, military and industry analysts say.
Previously Airbus’ financial gain augmented Despite leaving Russia, it increased by 13%.