Anchored by Airbus's negative EBIT of €69 million ($93.4 million), parent EADS reported a €10 million net loss in the first quarter, reversed from a profit of €522 million in the year-ago period. EADS Co-CEOs Tom Enders and Louis Gallois said that "Airbus had a challenging time" during the quarter and "will display another substantial loss in 2007 attributable to charges for the Power8 restructuring, further costs to support the A380 program, potential A350 XWB launch ...

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