Airbus reports €1.36 billion loss


he firm said operating profits rose to €6.9 billion, adding that it expected to deliver about 880 commercial planes in 2020 against 863 in 2019. – EPA pic, February 13, 2020.

AIRBUS today reported a net loss of €1.36 billion (RM6.13 billion) in 2019 after being hit by a €3.6 billion fine over a bribery scandal and extra development costs for the A400M transport aircraft.

The firm said operating profits rose to €6.9 billion, adding that it expected to deliver about 880 commercial planes in 2020 against 863 in 2019.


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