Airbus reports orders down, profits up

Airbus Group has airplane orders slumped in the first quarter, but profits rose and it hopes to put its A350 long-range jet into service by the end of the year.

Airbus reports orders down, profits up

Airbus Group has airplane orders slumped in the first quarter, but profits rose and it hopes to put its A350 long-range jet into service by the end of the year.

Boeing’s chief rival said in a statement today that it took in 103 orders in the quarter for a total of €21.1bn. That is down from 410 orders in the first quarter of 2013.

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