European planemaker Airbus has set out a new cost cutting strategy as part of a restructuring drive to save a further 1bn euros ($1.4bn; £803m). 
Louis Gallois, head of Airbus parent EADS, said the firm would expand production outside the eurozone area -including opening a plant in Tunisia.
Airbus set out the plans in talks with its unions, while Mr Gallois made his comments in an interview with Le Monde.
The weak dollar has forced EADS to expand its original savings plan.
The original plan, unveiled in 2007 was based on the euro being worth $1.35; after rising as high as $1.60 in July, it is now worth $1.41.
The latest Airbus plans are based on an exchange rate of $1.45.
Franco-German EADS is vulnerable to the weakness of the US currency because most of its products are paid for in dollars while most of its expenses are paid in euros.
According to EADS, every one cent movement in the dollar means a difference of $100m to its operating income.
Cutbacks
In July, EADS announced it would ask all of its units to play their part in shouldering the burden of the weak dollar.
Airbus will have to deliver a 650m-euro slice of cost savings under the updated Power8 Plus plan.
A further 300m euros will be generated by moving production to lower cost non-eurozone countries, which Mr Gallois hinted could include India, China, Russia and Mexico.
Under the original Power8 plan the firm had hoped to save 5bn euros between 2007 and 2010 by slashing 10,000 jobs and selling plants after delays to its A380 superjumbo drove the planemaker into a loss last year.
In a statement Airbus chief Tom Enders added that further measures were needed to improve the firm's cost base, efficiency and competitiveness.
"By pushing forward with internationalisation we secure growth, we take advantage of lower cost structures, we access talent on a worldwide basis and, simultaneously, support employment and core competences in Europe," he added.
Mr Enders also repeated Mr Gallois' vow that there would be no further job losses in France or Germany after huge job cuts announced last year.
Louis Gallois, head of Airbus parent EADS, said the firm would expand production outside the eurozone area -including opening a plant in Tunisia.Airbus set out the plans in talks with its unions, while Mr Gallois made his comments in an interview with Le Monde.
The weak dollar has forced EADS to expand its original savings plan.
The original plan, unveiled in 2007 was based on the euro being worth $1.35; after rising as high as $1.60 in July, it is now worth $1.41.
The latest Airbus plans are based on an exchange rate of $1.45.
Franco-German EADS is vulnerable to the weakness of the US currency because most of its products are paid for in dollars while most of its expenses are paid in euros.
According to EADS, every one cent movement in the dollar means a difference of $100m to its operating income.
Cutbacks
In July, EADS announced it would ask all of its units to play their part in shouldering the burden of the weak dollar.
Airbus will have to deliver a 650m-euro slice of cost savings under the updated Power8 Plus plan.
A further 300m euros will be generated by moving production to lower cost non-eurozone countries, which Mr Gallois hinted could include India, China, Russia and Mexico.
Under the original Power8 plan the firm had hoped to save 5bn euros between 2007 and 2010 by slashing 10,000 jobs and selling plants after delays to its A380 superjumbo drove the planemaker into a loss last year.
In a statement Airbus chief Tom Enders added that further measures were needed to improve the firm's cost base, efficiency and competitiveness.
"By pushing forward with internationalisation we secure growth, we take advantage of lower cost structures, we access talent on a worldwide basis and, simultaneously, support employment and core competences in Europe," he added.
Mr Enders also repeated Mr Gallois' vow that there would be no further job losses in France or Germany after huge job cuts announced last year.
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