Airbus says the new factory will bring it closer to its customers in America. It will also create a natural currency hedge, with more of its costs incurred in dollars rather than euros. (Aircraft, like oil, are largely priced in dollars.) Given the uncertainty surrounding the euro, such hedging is doubly wise. Ironically, Airbus will also receive subsidies from Alabama reckoned to be worth almost $160m. Airbus said it noticed what was on offer only when it investigated the subsidies paid to Boeing. (The two firms are engaged in a long dispute before the World Trade Organisation.)
空客公司称,新工厂将会拉近其与美国消费者之间的距离,还会产生自然货币对冲,因为其成本更多的是以美元结算,而非欧元。(飞机就像石油一样,大部分都是以美元定价。)考虑到欧元区的不确定性,这种对冲更为明智。讽刺的是,空客也会得到阿拉巴马州的补贴,据说有将近1600万美元。空客称,只有调查到波音公司接受的补贴才能知道州政府具体提供的是什么。(这两个公司在世贸组织关于补贴的争论已持续多年。)
Airbus's new factory is expected to create 1,000 jobs. Part of the appeal of Alabama is that it is a “right-to-work” state, where employees cannot be forced to join a union as a condition of employment. Boeing's factories are largely in closed-shop Washington state. A new Boeing factory in right-to-work South Carolina was blocked by the union-friendly National Labour Relations Board, until Boeing gave a gold-plated pay deal to its unionised workers in existing factories. So far, despite high unemployment in the EU, Airbus's European workers seem to have bought their bosses' argument that the new factory will not take jobs from Europe, but may create some by boosting sales in America.
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