Airbus seeks resolution to German arms export row: CEO

Airbus is in discussions to try to find solutions to a row with the German government over a ban on arms exports to Saudi Arabia that threatens a border security contract, Chief Executive Guillaume Faury said on Tuesday. The planemaker has warned of legal action against Germany after taking financial charges over the long-delayed border contract between Airbus's defense unit and the Gulf kingdom. "We are not yet there," Faury told reporters when asked about possible legal action.