Airbus announces profit drop in second quarter

European aerospace company Airbus on Tuesday reported that its second quarter net income dropped to €230 million ($249 million) from last year’s €1.06 billion. Earnings per share declined to €0.29 from €1.34 in the prior year. The company said earnings…

Airbus announces profit drop in second quarter

European aerospace company Airbus on Tuesday reported that its second quarter net income dropped to €230 million ($249 million) from last year’s €1.06 billion. Earnings per share declined to €0.29 from €1.34 in the prior year. The company said earnings…