Thierry Dubois is a freelance writer specializing in helicopters, business aviation and aerospace technology. He earned a degree in fluid dynamics from an engineering school in Toulouse, France in the mid-1990s. At an unexpected crossroads, he found his first job in journalism. In 1997, he started working for French aerospace weekly Air &amp; Cosmos in Paris. This lasted until 2000, when he moved south to Lyons. He then became a freelancer, working for various aerospace publications and has been part of the AIN team since late 2000. In addition to writing about business aviation, Thierry shares responsibility for the rotorcraft section. He also is a regular on-site writer for AIN’s daily editions at international airshows such as the Paris, Farnborough, Dubai and Singapore shows, as well as at EBACE in Geneva.
In 2007, he won the Honeywell award for “Best systems or technology submission” at the Aerospace journalist of the year awards. In 2013, he won an Aerospace Media Award for the "Best Safety, Training &amp; Simulation Submission."
In other activities, Thierry moderates international conferences on aviation technology topics. Thierry is married and has three children, who seem to begin enjoying the mountains–as their parents do.

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Thierry Dubois

EADS is working out the details of an addition to its Power 8 restructuring plan to cope with the continued decreasing value of the dollar against the euro. Speaking at the European company’s third quarter result conference in Amstersdam, Netherlands, on November 8, EADS CEO Louis Gallois said current hedges are not strong enough to counterbalance the effect on profits. 
“Every time the dollar goes down by 10 euro cents, we lose one billion euros in operating result,” he said. In 2007, EADS hedged at 1.37. Previously, “matured” hedges averaged 1.14. On the eve of the show, the euro/dollar exchange rate was close to 1.47. EADS officials anticipate their revenues to decrease “very slightly” in 2007, mainly due to the currency exchange rate.
One solution could involve tapping suppliers and partners for part of the burden. Another, although not on the agenda, could involve further outsourcing by selling more factory sites. “Financial tools” will be used as well, although Gallois would not disclose which tools the company is considering, French finance daily Les Echos reported.
Worker unions reacted strongly. For example, the French CFTC emphasized the atmosphere of uncertainty Airbus employees face since the company entered turbulence a year and a half ago. Power 8 already has been a controversial subject with unions since its inception last year.
EADS claims the initial Power 8 plan is already delivering results–R300 million ($420 million) of annual savings have been secured, CFO Hans Ring said.&nbsp;&nbsp;&nbsp;

Weakening dollar sends EADS searching for financial solutions

EADS is working out the details of an addition to its Power 8 restructuring plan to cope with the continued decreasing value of the dollar against the euro

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