EADS, Airbus first-half profits sink more than 90%

With Airbus struggling through the beginning stages of its Power8 restructuring program, parent EADS reported a 93% decline in first-half net income to €71 million ($97.8 million) from €1.06 billion in the year-ago period. Airbus's first-half EBIT plunged 98.7% to €19 million compared to €1.5...

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