Difficulties at Airbus "dominated" EADS' full-year results, the European aerospace giant said Friday when it reported a 94% plunge in net earnings to €99 million ($130.3 million), compared to a €1.68 billion profit in 2005, owing to a €572 million operating loss at its commercial aircraft subsidiary. The company warned that Airbus, which took €3 billion in charges on the A380 and A350 programs, will "display another substantial loss in 2007." It posted a €2.31 ...

Subscribe to Access this Entire Article

"Airbus losses 'dominate' EADS full-year result" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.