Airbus second-quarter profits rise and beat analyst forecasts [CNBC]
AIR FRANCE-KLM ADS (AFLYY)
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Source: CNBC
Airbus second-quarter profits rise and beat analyst forecasts VIDEO 2:01 02:01 Airbus is in a pretty healthy position at the moment: CAPA Capital Connection Europe's largest aerospace group said second-quarter adjusted operating profit rose 72% to 1.98 billion euros ($2.2 billion), led by a more-than-twofold rise at the main Airbus commercial planemaking arm. Revenues rose 23% to 18.317 billion. Analysts were on average forecasting adjusted quarterly operating income of 1.774 billion euros on revenues of 17.824 billion, according to a company-compiled consensus. Visitors inspect a model Airbus SE A380 aircraft in an exhibition center at the aircraft maker's factory in Toulouse, France, on Wednesday, March 20, 2019. Balint Porneczi | Bloomberg | Getty Images Airbus is wrestling with industrial delays at a newly expanded plant in Hamburg, Germany, which is responsible for enhanced cabins for the in-demand A321neo, the largest version of the planemaker's best-selling single-aisle family.
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