2 On 14 January 2002 it was announced that the US carrier JetBlue would buy 10 Airbus...
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2 On 14 January 2002 it was announced that the US carrier JetBlue would buy 10 Airbus 320 aircraft for US$500 million. The planes were to be delivered over four years (two in 2002, two in 2003, three in 2004 and 2005). Airbus incurs 70% of its cost in euros. What can Airbus Industries do to cover its currency fluctuation risks?
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