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Airbus takes new A400M hit over delays

It will raise production of top-selling A320 family to record 50 per month from Q1 2017
Saturday, February 28, 2015 - 05:50
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MILITARY TRANSPORTER: The A400M charges brought to more than 4.75 billion euros the amount of provisions over the life of the troubled defence programme, Europe's largest.

Munich

AIRBUS Group took a charge of 551 million euros (S$841 million) due to the latest delays to the A400M military transporter and juggled production on its most popular jetliners as it posted stronger-than-expected annual results on Friday.

The world's second-largest aerospace