A400M costs hit Airbus profits

Published February 22, 2017 14,875 Plays

Rumble European aerospace group Airbus took a new fourht-quarter charge of 1.2 billion euro ($1.2 billion) for its troubled A400M military aircraft programme and called for new talks with European buyer nations to limit further financial damage, despite posting higher than expected core earnings and revenues for 2016. Ivor Bennett reports