Airbus reports a net loss of 1.36 billion euros in 2019

AFP

2020/02/13 | 144 words | LE JOURNAL DE L'AVIATION | INDUSTRY / TECHNOLOGY

Airbus on Thursday reported a net loss of 1.36 billion euros in 2019 after being hit by a 3.6-billion-euro fine over a bribery scandal and extra development costs for the A400M transport aircraft.The firm said operating profits rose to 6.9 billion euros ($7.5 billion), adding that it expected to deliver about 880 commercial planes in 2020 against 863 in 2019."We achieved a great deal in 2019. We delivered a strong underlying financial performance driven mainly by our commercial aircraft deli...(…)

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