AIRBUS posted €481m net loss for 1Q20 (vs €40m net profit in 1Q19) on 15% lower consolidated revenues; Airbus (commercial aircraft) revenues dropped 22%. It withdrew all delivery guidance and is warning of more severe production cuts beyond 33% cut (to 40 A320s, two A330s and six A350s per month)...

Subscription Required


AIRBUS is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.