Airbus profits up amid A400M woes

Discussion in 'General Discussion | Travel' started by ACMM, Nov 14, 2014.

  1. ACMM
    Original Member

    ACMM Gold Member

    Likes Received:
    Status Points:
    Aerospace group Airbus has posted a rise in profits for the first nine months of the year, but warned of more problems for its A400M military plane. Underlying earnings rose 12% to €2.59bn ($3.2bn; £2.1bn) for the nine-month period, with revenues up 4% to €40.5bn. Net income rose 16% to €1.399bn. But Airbus highlighted a "negative cost and risk evolution" for its delayed A400M transport aircraft. The programme hit problems in 2010 and received a bailout of €3.5bn.

    Full article here:
    danielwood and Gargoyle like this.

Share This Page