May 3, 2023 SOURCE: AFP
CORRECTED: Airbus says net profit plunges as deliveries drop
European aircraft manufacturer Airbus said Wednesday its revenues and net profit fell during the first quarter of the year as deliveries dropped amid continuing supply chain difficulties.
The company said net profit fell by 62 percent to 466 million euros ($515 million) while revenues dipped two percent to 11.76 billion,...
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