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Airbus profit rises as aircraft deliveries grow

by Associated Press

PARIS Feb 25, 2016 - 12:00 am GMT+3
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by Associated Press Feb 25, 2016 12:00 am
Airbus says earnings grew 15 percent last year as airlines' demand for the European aerospace and defense giant's A320 and A330 jets helped boost deliveries and top arch-rival Boeing in the race for new orders.

Airbus made 2.7 billion euros ($3 billion) last year, up from 2.3 billion euros in 2014, the company said yesterday. The maker of the A380 super-jumbo says it expects to deliver more than 650 aircraft this year, up from 635 in 2015.


It also forecast a growing order book in 2016, a year after it took in 1,080 orders, well over Boeing's 768. Airbus and Boeing have prospered in recent years as suddenly flush airlines ordered hundreds of planes.
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