If any industry is a barometer of global economic health it is the aircraft and airlines businesses, and Airbus has just released figures suggesting the sky’s the limit.
Although its military arm is flagging, with 6400 jobs in Germany at risk and continuing problems with its A400 military transport leading to Airbus looking for a buyer, commercial planes are doing very well.
However with the A380 it has a trump card, the world’s largest passenger plane which is interesting more and more clients.
With its 2014 annual report, the company has broken several records.
Jon Davies, euronews:
“Joining me now from Munich is the Airbus CEO Tom Enders. Mr. Enders, earnings are up 60%, are you 100% happy with the report?”
Tom Enders:
“I’m 100% happy, it was a pretty good year in 2014, we met most of our operational targets, the commercial momentum was very strong, we achieved major milestones and I think that reflects pretty well in the ebit, in the free cash flow which is very importan
