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.
Ukrainian President Volodymyr Zelenskyy has repeatedly called on Western governments to impose stronger economic sanctions on Russia.
The European Union said on Monday more sanctions were an option and British Prime Minister Boris Johnson said on Saturday Kyiv’s allies would continue to tighten pressure on Moscow.
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