Airbus posted a smaller than expected fall in first quarter core earnings as a strong performance at its helicopters segment helped offset the hit from fewer airplane deliveries and negative currency effects.
The nose of an Airbus A380 is seen outside the factory of Stelia Aerospace, a subsidiary of Airbus, in Meaulte, France, July 2, 2020. REUTERS/Pascal Rossignol/File Photoposted a smaller than expected fall in first quarter core earnings as a strong performance at its helicopters segment helped offset the hit from fewer airplane deliveries and negative currency effects.
The supplier is having to juggle between providing enough engines for new jet production while feeding enough spares to airlines to fill a gap left by faster-than-expected engine wear.
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