Europe

Airbus reports 'solid' third-quarter earnings, cuts A220 production rate target

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Airbus reports 'solid' third-quarter earnings, cuts A220 production rate target

European aerospace manufacturer Airbus has reported “solid” earnings for the third quarter and the first nine months of the year.Third-quarter revenues climbed 14% to €17.8bn, while EBIT was up 42% to €1.8bn. Net income for the period increased 14% to €1.1bn, or €1.41 per share.The compa...

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