Tag: price reduction

Airbus Q1 Profits Halve After Engine Delays and Price Reductions

Reading Time: 2 minutes The day after Boeing announced a Q1 19% rise in profits, Airbus has announced a fall in adjusted operating profit of 51%, to €240m for Q1 2017. Revenue increased 7% to just under €13bn and while analysts had predicted a loss, the 52% drop was appreciably greater than the 31% anticipated. Airbus shares fell by […]