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Airbus sees stable aircraft deliveries after 2020 loss

Reuters2021-02-18

PARIS (Reuters) - European planemaker Airbus restored business targets after generating cash in the fourth quarter, but withheld a dividend as it posted a pandemic-driven loss for 2020.

Airbus, which has overtaken U.S. rival Boeing to become the world’s largest jetmaker following a 20-month safety grounding of the Boeing 737 MAX, predicted flat 2021 deliveries and a core operating profit of 2 billion euros ($2.4 billion).

The France-based maker of jetliners and helicopters posted a full-year operating loss of 510 million euros. On a widely watched adjusted basis, operating profit slumped 75% to 1.7 billion euros as plunging demand for air travel drove revenues down 29% to 49.9 billion.

($1 = 0.8304 euros)

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  • SimonChan
    ·2021-02-22
    Great, it is a start of Air business.
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  • JoeK
    ·2021-02-19
    Soaring for the surge after the slump. 
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  • StocKing
    ·2021-02-19
    Haha
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  • Chewy
    ·2021-02-19
    I see
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  • Jerrybaohua
    ·2021-02-19
    Good
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    • SKHan
      Getting better
      2021-02-19
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  • Junyi155272
    ·2021-02-18
    Wow
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  • 财神爷爷97
    ·2021-02-18
    Nice
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  • Lemonzxc
    ·2021-02-18
    Yes 
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  • Jinkachu
    ·2021-02-18
    Wow 
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  • WHITEROSE
    ·2021-02-18
    Good
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    • Jinkachu
      wow
      2021-02-18
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  • stephenchang
    ·2021-02-18
    Ok
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    • Shans
      Yup
      2021-02-18
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    • Shans
      O
      2021-02-18
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  • Tigal80
    ·2021-02-18
    yes yes yes
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