Airbus Posts Lower Third-Quarter Earnings as It Ramps Up Deliveries
Airbus said adjusted earnings before interest and taxes declined 9% from a year earlier in the third quarter as it works to significantly boost plane deliveries in the final months of the year.
By Mauro OrruAirbus logged lower earnings in the third quarter as it works to significantly boost plane deliveries to customers in the last few months of the year.The European plane maker said adjusted earnings before interest and taxes--its preferred measure of profitability--declined 9% from a ye…