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Airbus Q1 Profit Plunges as it Faces ‘Gravest Aerospace Crisis’

: Apr 30, 2020 - : 1:40 am

Airbus on Wednesday posted a 49 per cent slump in first-quarter core profit. The planemaker consumed an unprecedented €8 billion of cash in the first quarter as chief executive officer Guillaume Faury warned of the "gravest crisis the aerospace industry...

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