Airbus posts €1.4bn loss after bribery fines

South Africa News News

Airbus posts €1.4bn loss after bribery fines
South Africa Latest News,South Africa Headlines
  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

While the bottom line was hit by one-off charges, business operations looked solid

Airbus’s order book establishes it as the world’s biggest civilian aircraft maker ahead of arch-rival Boeing which has been struggling with the fallout of two 737 MAX crashes on production and sales.

“We achieved a great deal in 2019. We delivered a strong underlying financial performance driven mainly by our commercial aircraft deliveries,” he said. Airbus also said that it had bought struggling Canadian manufacturer Bombardier out of the A220 programme, marking the exit of Bombardier from commercial aviation.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BDliveSA /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

End of an era as AngloGold exits SAThird-largest gold miner sells its last local mining assets to Harmony Gold for about R4.4bn
Read more »

End of an era as AngloGold exits SAThird-largest gold miner sells its last local mining assets to Harmony Gold for about R4.4bn
Read more »

State to pump R1.4bn to restore rail network in Gauteng and North West: Cyril RamaphosaGovernment will invest R1.4bn to restore rail network in the Western Cape and Mabopane. In his state of the nation address, President Cyril Ramaphosa said government would mordernise Passenger Rail Agency of South Africa (Prasa) to improve the service given to commuters. “Our rail network daily transports over a million commuters to and from work.
Read more »

There’s a need to protect players in alleged match-fixing: SAPFU - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.There’s a need to protect players in alleged match-fixing: SAPFU - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.There’s a need to protect players in the alleged match-fixing, bribery and corruption happening in the Glad Africa Championship.
Read more »

Avoid traffic fine drama with online payment systemYou can pay your traffic fines online and could benefit from a 20% discount
Read more »

Now you can avoid traffic fine drama with this new online payment systemBarry Berman, founder of SA Fines, says the system is safe and user friendly and it doesn’t share personal details with the authorities.
Read more »



Render Time: 2025-03-10 16:03:31