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Stock impact report

Airbus first-quarter core profit plunges 49% as coronavirus crisis starts to bite [MSNBC.com]

Boeing Company (The) (BA) 
Last boeing company (the) earnings: 4/29 07:30 am Check Earnings Report
Company Research Source: MSNBC.com
An A220 passenger jet stands in the final assembly line in Mirabel near Montreal, Quebec, Canada on January 14, 2019.Tim Hepher | ReutersPlanemaker on Wednesday posted a 49% slump in first-quarter adjusted operating profit to 281 million eurosEurope's largest aerospace group also reported a negative cashflow of 8.03 billion euros, including a previously published record fine of 3.6 billion euros to settle bribery and corruption investigations in Britain, France and the United States. suspended its profit outlook, scrapped its dividend and negotiated new commercial credit lines last month as the spread of the coronavirus began to impact airline operations and almost halted the delivery of aircraft.Several other top aerospace firms are also expected to report weaker results on Wednesday, including U.S. rival Boeing, which is also hit by the continued grounding of its 737 MAX, though the impact of the coronavirus is mostly expected in the second quarter.The France-based group will reduc Show less Read more
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