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Airbus: net loss of 481 million euros in the 1st quarter, due to the coronavirus

2020-04-29T05:47:24.729Z



Airbus on Wednesday published a net loss of 481 million euros in the first quarter, against a net profit of 40 million euros a year earlier, saying that it saw " quickly " the effects of the coronavirus epidemic in its accounts.

Read also: "The survival of Airbus is at stake", according to its president

Revenues fell 15.2% in the first three months of the year to 10.6 billion euros, " reflecting the difficult environment affecting the commercial aviation market ." Over the period, the European aircraft manufacturer delivered 40 fewer aircraft than last year due to the pandemic.

Source: lefigaro

All business articles on 2020-04-29

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