EADS Builds Hedge Book to $84 Billion After Euro Decline in 2012

EADS Builds Hedge Book to $84 Billion After Euro Decline in 2012

Balint Porneczi/Bloomberg

The vast majority of the 588 Airbus planes delivered last year were paid in dollars, and with more than 50 percent of costs incurred in euros, EADS needs to buy financial contracts to protect revenue translated back into euros.