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Airbus net profit surges 34 percent in H1
(MENAFN) Airbus Group's net profits climbed 34 percent in the first half of the year to USD1.6 billion, bolstered by the sale of its stake in fighter jet maker Dassault Aviation, the European aeronautics giant said.
The group's results included a charge of USD318.25 million related to the Airbus A400M military transporter program, which suffered a setback after one of the airlifters crashed during a test flight.
The costs incurred by the accident, which saw the A400M briefly grounded, were offset by a net gain of USD820.87 million from the sale of the group's 18.75 percent share in business.
The group's results included a charge of USD318.25 million related to the Airbus A400M military transporter program, which suffered a setback after one of the airlifters crashed during a test flight.
The costs incurred by the accident, which saw the A400M briefly grounded, were offset by a net gain of USD820.87 million from the sale of the group's 18.75 percent share in business.
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