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EADS posts first-quarter loss; Airbus considers further A320 production increase

Airbus parent EADS incurred a €12 million ($17.1 million) first-quarter net loss, reversed from a €103 million net profit in the year-ago period, but pointed to gains in revenue and operating income as evidence of "positive momentum" warranting a potential A320 production increase.

A320neo with Pratt & Whitney engines. Photo: Courtesy, Airbus. Airbus parent EADS incurred a €12 million ($17.1 million) first-quarter net loss, reversed from a €103 million net profit in the year-ago period, but pointed to gains in revenue and operating income as evidence of "positive momentum" warranting a potential A320 production increase. Airbus already had planned to raise the A320 production rate to 38 per month in August from 36 currently, and to 40 ...

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