Planemaker Airbus posted on Wednesday a 49per cent slump in first-quarter adjusted operating profit to 281 million euros (US$304.7 million) as ...
Planemaker Airbus posted on Wednesday a 49per cent slump in first-quarter adjusted operating profit to 281 million euros as revenues fell 15per cent to 10.631 billion amid the"gravest crisis the aerospace industry has ever known".
FILE PHOTO: Branded posters are seen at Airbus' wing assembly plant at Broughton, near Chester, Britain, June 22, 2018. REUTERS/Phil NoblePARIS: Planemaker Airbus posted on Wednesday a 49per cent slump in first-quarter adjusted operating profit to 281 million euros as revenues fell 15per cent to 10.631 billion amid the"gravest crisis the aerospace industry has ever known".
Europe's largest aerospace group also reported a negative cashflow of 8.03 billion euros including a previously published record 3.6 billion euro fine to settle bribery and corruption investigations in Britain, France and the United States.
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