It said profits were down 86% from the same period in 2018 to 40 million euros ($45 million). Consolidated revenues increased 24% to 12.5 billion euros "reflecting the higher commercial aircraft deliveries as the production ramp-up continued." "The first quarter underlying financials mainly reflect our commercial aircraft ramp-up and delivery phasing," said CEO Guillaume Faury. "The commercial aircraft market remains robust and we continue to see good prospects in the helicopters and defence and space businesses. In the first quarter, Airbus recorded 62 gross commercial aircraft orders compared with 68 during the same period in 2018.

Source: Mint April 30, 2019 06:33 UTC