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 ...

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