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The Drawing Board - Engineering with Attitude

Airbus woes weigh on EADS results

 
The European Aeronautic Defence and Space Company , scrambling to restructure its beleaguered subsidiary Airbus, posted Thursday a 93-percent drop in first half profits but also a booming order book.

EADS said net profits in the first half of the year had slumped to 71 million euros (97 million dollars), compared with 1.056 billion in the same period last year.
Friday 27 July, 2007 09:04 AM
 
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"A good scientist is a person with original ideas. A good engineer is a person who makes a design that works with as few original ideas as possible" - Freeman Dyson