FLIGHT DELAY: Airbus parent company EADS NV on Friday announced a further delay to its new A350 aircraft as it reported second-quarter earnings that almost quadrupled from a year ago.
ASCENDING: Net profit at the Leiden, Netherlands-based European Aeronautic Defence & Space Company was €461 million ($567 million), up from €121 million in the same period a year ago. Sales rose 12 percent to €13.5 billion.
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TAKEOFF RESCHEDULED: The entry into service of Airbus’s new A350, which is meant to compete with rival Boeing’s 787 “Dreamliner,” will be delayed by several months, until the second half of 2014.
