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Profit down for Eads

Munchen, Germany - The European colossus will dismiss 1700 workers in the space sector

Eads, the European group of defence and aerospace that controls Airbus, has closed 2002 with losses of EUR 299m to a profit of EUR 1,37b in 2001. The operating profit of Airbus is come down of 18% to EUR 1,3b. In 2002 Airbus had a decrease of 61% of the orders to EUR 19,7b. For 2003 Eads attends an operating profit similar at 2002. The loss of EUR 268m has affected a lot also the space division. That's...

AVIONEWS - World Aeronautical Press Agency - 41905

AVIONEWS - World Aeronautical Press Agency
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