EADS CEO Louis Gallois, in perhaps his starkest language yet regarding its and Airbus's fiscal plight, referenced Greek tragedy to describe the impact on aerospace manufacturing in Europe that the rising euro/sinking dollar is having. "We are at levels which are becoming unbearable," he told reporters in Paris yesterday. "We cannot stay under this Damocles sword, which is starting to fall." He reiterated that each 10 cent rise in the euro compared to the dollar costs Airbus €1 billion ...

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