Loading...

DISCLAIMER: The articles linked from this website are from several reputed online news sources. They do not necessarily reflect the opinions of this website or its staff. We do not guarantee the accuracy of the linked news articles.

Airbus reports 2019 net loss of 1.36 bn euros

airbus-reports-2019-net-loss-of-1.36-bn-euros



PARIS–Airbus on Thursday reported a net loss of 1.36 billion euros in 2019 after being hit by a 3.6-billion-euro fine over a bribery scandal and extra development costs for the A400M transport aircraft.

The firm said operating profits rose to 6.9 billion euros ($7.5 billion), adding that it expected to deliver about 880 commercial planes in 2020 against 863 in 2019. “We achieved a great deal in 2019.

We delivered a strong underlying financial performance driven mainly by our commercial air


Read the full story on Ratopati


Loading...

Leave a Reply