Airline

EADS POSTS FIRST QUARTER NET LOSS

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EADS POSTS FIRST QUARTER NET LOSS

Airbus parent EADS has reported a €12 million ($17.1 million) first-quarter net loss, a sharp turnaround from the €103 million net profit it posted in the same period last year. However, the company was bullish on the future performance of Airbus and stated that the positive momentum seen in the...

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