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Airbus Eats 1.3bn In A400M Losses

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ShanwickOceanic (netAirspace FAA) 15 Feb 18, 11:38Post
Airbus has written off another €1.3bn (£1.2bn) on its troubled A400M military transport plane, bringing total losses on the project to more than €8bn.

The A400M has had setbacks over the years, most seriously a crash during a test flight in Spain in 2015 which led to the deaths of the four crew members.

The aerospace group reported better-than-expected 2017 profits of €4.3bn, against €3.9bn in 2016.

Full article: http://www.bbc.com/news/business-43069630
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