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Arianespace reduces its losses

Evry, France - Seven new launches by the end of this year

Arianespace announced its financial results for 2001 with a reported loss of EUR 193m on sales of EUR 807m. Total revenue fell by 27.17% and losses by 20.25% compared to 2000 results (EUR 1108m and 242m respectively). These results were due to two factors: Arianespace’s decision to take charges to account for rapidly deteriorating commercial conditions in the global launch services marketplace during t...

AVIONEWS - World Aeronautical Press Agency - 28445
Rome, Italy, 05/20/2002 16:26
AVIONEWS - World Aeronautical Press Agency

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