French President Emmanuel Macron personally intervened to persuade Canadian Prime Minister Justin Trudeau to give Airbus and other aerospace firms relief...
OTTAWA /PARIS - French President Emmanuel Macron personally intervened to persuade Canadian Prime Minister Justin Trudeau to give Airbus and other aerospace firms relief from sanctions on Russia n titanium, according to three people familiar with the matter.
At least one other European government also weighed in to support the lobbying effort, a separate source said. Weaning industries off Russian titanium, and other critical minerals produced in countries like China, is proving difficult. Fraught calls to Ottawa started "immediately, literally the same day," said a second Canadian source.
RTX declined comment. In April it took a $175 million charge to cover new supplies, partly related to the Canadian sanctions. Safran said last month it had won an exemption from the Canadian sanctions in a move that supply chain experts said would allow it to keep Boeing supplied with 787 landing gear.Boeing referred questions about the Russian exposure of sub-contractors to its suppliers.
Airbus Justin Trudeau Canada Canadian Source Titanium Russia Aerospace Industries Landing Gear Tim Hepher Ottawa
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