Airbus Group recorded a third-quarter net profit of €50 million ($56 million), an 87% drop from the year-ago figure of €376 million. The figure was achieved on revenue of €14 billion, down just 1% from the year-ago quarter. The drop in revenue was because of problems at the Group’s defense and space division, which saw a 20% fall in turnover. Airbus’s commercial aircraft business recorded a 4% rise in revenue to €10.5 billion compared to just over €10 ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.

Already registered? here.