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Airbus Defends Russian Titanium Use, Urges Against Sanctions

  • Embargo would hurt aerospace, wouldn’t deter Putin, Faury says
  • European planemaker has continued taking shipments from Russia
Russia provides about half of Airbus’s titanium needs, directly or through key suppliers. 

Russia provides about half of Airbus’s titanium needs, directly or through key suppliers. 

Photographer: Graham Hughes/Bloomberg
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Airbus SE defended its decision to keep importing Russian titanium, contending sanctions would hurt aerospace manufacturers who depend on the lightweight metal and wouldn’t deter Vladimir Putin after his invasion of Ukraine.

The European planemaker has been stockpiling titanium for many years, Chief Executive Officer Guillaume Faury said at the company’s annual general meeting Tuesday. That’s given Airbus some breathing room in the short and medium term, even if an embargo does take effect.