Aeroplane Manufacturers Lose Due to Strong Crown
March 25, 2008
TL Ultralight (Czech Republic), ultralight manufacturer, manufactured about 80 aeroplanes in 2007. TL Ultralight loses CEK 3 mil/month from its supplies to the USA in 2008 due to low rate of USD towards CEK. Because of this USD rate, Czech companies have problems to compete with American companies. Czech ultralight manufacturers have supplied 1,100 ultralights to the USA during three years but they were supposed to supply up to 15,000 pieces.
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