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Airbus Reports 2019 Growth But Scores Net Loss

The Toulouse-based aerospace giant, Airbus, presented its 2019 full-year (FY) financial report, wielding overall good results for the though a financial net loss. The highlights of the results show a record number of deliveries, a strong order book, and a number of significant orders throughout the year, manifesting a credible fiscal performance. However, the numbers show a loss due to adjustments made for the much hushed up bribery scandal, which forced Airbus to pay a hefty €3.6bn fine. ( More...

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