Airbus Announces 63% Drop in Profit for 2016 – A400M to Blame
2017-02-23Reading Time: 2 minutes A strong fourth quarter in terms of commercial airliner deliveries enabled Airbus to deliver against its 2016 financial guidance, but company figures were dragged down by a €2.2 billion ($2.3 billion) write-off associated with a military transport aircraft. Net income for Airbus Group, which includes Commercial Aircraft, Helicopters and Defense & Space divisions, fell by […]