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Airbus's problem planes take gloss off earnings surge

Published Thu, Feb 15, 2018 · 09:50 PM

    London

    AIRBUS SE gave a guarded outlook for its two troubled plane projects, taking the shine off a record level of jetliner deliveries.

    The European manufacturer booked a 1.3 billion euro (S$2.1 billion) charge against the A400M military transport model, and said meeting 2018 earnings targets will be dependent on overcoming engine issues afflicting its latest A320neo single-aisle jet.

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