UPDATE 2-Aviation boss sees bankruptcies from $1.60 euro

Newswire

(Adds quotes on hedging, business jet demand) By Tim Hepher and Matthias Blamont PARIS, March 18 (Reuters) - The rise of the euro towards $1.60 threatens bankruptcies in Europe's aerospace industry, the head of France's Dassault Aviation , maker of Falcon business jets and Rafale fighters, said on Tuesday. "$1.60 is unbearable. With a euro at $1.60, some players could go bankrupt," Chief Executive Charles Edelstenne said. He was speaking at a press briefing as head of the lobby group ...

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