EADS 1Q operating profit jumps
by feryomaha
Core profit at Airbus parent EADS rose sharply in the first quarter after the passenger jet maker raised output of its most profitable planes, eclipsing weakness at EADS’s helicopter division. Revenue at Europe’s largest aerospace group rose 9 percent to 12.4 billion euros ($16.1 billion), fuelled by a 16 percent rise in Airbus commercial revenues as it reclaimed the top spot in deliveries after falling behind Boeing in 2012. The slightly better than expected performance confirmed an improving outlook for […]