EADS swings to €133 million 1Q profit

A320neo. Courtesy, Airbus Airbus parent EADS reported first-quarter net income of €133 million ($170.4 million), turned around from a €12 million net loss in the 2011 March quarter, on a 16% rise in revenue to €11.4 billion. EADS CEO Louis Gallois said commercial aircraft demand “remains healthy.”...

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