EADS reports 9% earnings decline, warns of 'huge challenges'
Airbus parent EADS yesterday reported a €527 million ($663.9 million) second-quarter net profit, down 9% from €582 million in the year-ago quarter, on revenues of €9.9 billion, a 10% rise over last year. It conceded that "operational issues" leading to A380 delivery delays, the A350 redesign and the...
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