The company reported Thursday net profit of 3.1 billion euros over last year, up from 2.4 billion euros in 2017. Revenues were up 8 percent to 63.7 billion euros, including from its defense business. Airbus announced earlier Thursday that it will stop making the iconic A380 plane and reported a charge of 463 million euros related to that decision. In addition the plane maker reported a charge of 436 million euros on the A400M, used by several European militaries. ___6:15 a.m.European aviation giant Airbus says it will stop making its superjumbo A380 in 2021 after struggling to sell the world’s biggest passenger jet.

Source: Washington Post February 14, 2019 05:43 UTC