EADS reports 2009 loss of 763 million euros
European aerospace giant EADS has reported a 2009 net loss of 763 million euros because of provisions to cover cost over-runs on the much-vaunted military transport aircraft and on the A380 superjumbo.
AIB has reported an annual loss of €5 billion for 2011, down from €12 billion in 2010, with an after tax loss of €2.3 billion according to figures released this morning.