Airbus Urges European Leaders to Refrain From Russian Titanium Sanctions

Airbus Urges European Leaders to Refrain From Russian Titanium Sanctions
The logo of Airbus is pictured at the Airbus facility in Montoir-de-Bretagne near Saint-Nazaire, France, on March 4, 2022. Stephane Mahe/Reuters
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Airbus urged Europe on Tuesday not to block imports of titanium from Russia, saying sanctions on the strategic metal would damage aerospace while barely hurting Russia’s economy.

Widening the action taken after Russia’s invasion of Ukraine to titanium, used in airplanes and jet engines, would “not be appropriate,” Chief Executive Guillaume Faury said at an annual shareholder meeting.