Tuesday, April 21, 2015   

Profitable Airbus predicts hefty order book
(02-26 14:54)

Airbus says profits increased last year following record deliveries of civilian jetliners and forecast further growth this year.
The European aerospace company, known until this year as EADS, said net profit was up by 22 percent to 1.47 billion euros in 2013, up from 1.2 billion euros the previous year.
Airbus, which competes fiercely with Boeing Co. of the US in the multi-billion-dollar market for large civilian aircraft, forecast jet deliveries to remain at about the same level this year as last year when it sold 626 aircraft.
It also forecast orders to remain higher than deliveries. Last year Airbus took in a record 1,619 new orders.
In a statement, Airbus also said it will ramp up production of its single-aisle jets to 46 a month by 2016, from 42 now. –AP
   
Other Business breaking news:
Rio Tinto iron ore output shrinks (13 mins ago)
Oil prices slip in Asia (22 mins ago)
Hang Seng soars at mid-day (2 hrs 16 mins ago)
CRE offloads non-beer assets (2 hrs 22 mins ago)
Greenback gains in Asia (2 hrs 24 mins ago)
Nikkei climbs at break (04-21 11:09)
IBM profits, revenue tumble (04-21 10:47)
Nikkei closes lower (04-20 14:21)
Hang Seng lower at break (04-20 12:29)
Oil prices rise in Asian trade (04-20 11:39)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.