Airbus Sales Drive Q1 Profits at Parent Company

PARIS: 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' helicopter division. Revenue at Europe's largest aerospace group rose ...

The parent company of Airbus, EADS, has reported a sharp rise in profits for the first three months of the year. Operating profits at the company rose by 56% to 741m euros ($963m; £629m) in the quarter. Much of the rise was down to higher ...

European aerospace major EADS has reported a surge in its first-quarter net income driven primarily by strong deliveries at the aircraft division, Airbus. Share article Net income for the quarter rose by 91% to 241m (204m, $313m) from 126m a year ...

A file image of EADS CEO Tom Enders. Daimler has sold its remaining stake in EADS for nearly US$3 billion. The sale sees Daimler exit the aerospace industry nearly 13 years after it helped to found the Airbus parent company. Cash received from the ...

April 26 (Bloomberg) -- The French government raised 707 million euros ($920 million) by selling a 2.1 percent stake in Airbus SAS parent European Aeronautic, Defence & Space Co. France sold 17.6 million shares through its unit Sogepa, according to ...

7:41am BST FRANKFURT (Reuters) - Daimler (DAIGn.DE: Quote, Profile, Research) placed shares in Airbus parent company EADS (EAD.PA: Quote, Profile, Research) at 37 euros per share, it said Wednesday. Daimler said it would reap proceeds of around 2.2 ...

FRANKFURT, April 16 (Reuters) - Daimler on Tuesday said it would sell a 7.5 percent stake, or 61.1 million shares, in Airbus parent company EADS, using the proceeds to invest in its automotive business. Daimler said it was selling its entire ...

(MENAFN) EADS, Europe's largest aerospace group, announced that it is in discussions to repurchase 1.56 percent of its stock from the French state, reported Reuters.Airbus parent company added that the French government, which holds a 15-percent ...

PARIS (Reuters) - Airbus parent EADS said on Tuesday that it had bought back 1.6 percent of its shares for 500 million euros (426 million pounds) as media group Lagardere was selling its stake in a private placement announced late Monday. Both moves ...