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EADS: deficit accounts for Airbus

Amsterdam, Holland - A loss equal to EUR 572 million recorded in 2006

For the first time in its history, Airbus put forward a budget in deficit in 2006, with a loss equal to EUR 572 million. The decrease was heavy on the net profit of EADS - European Aeronautical Defense&Space, dropped of 86%, equal to EUR 399 million. Airbus' losses were put down to the delays in the A-380 aircraft deliveries, also for the lack of receipts, the penalties, the increment of the...

AVIONEWS - World Aeronautical Press Agency - 1070930

AVIONEWS - World Aeronautical Press Agency
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