EADS Slumps To Loss As A400 Fails To Takeoff -- The Telegraph
EADS, the owner of planemaker Airbus, has scrapped its dividend as overruns on the troubled A400 military plane drove it to a loss last year.
EADS, which is the world's second-biggest aerospace company after Boeing, today reported a net loss of 763m euros (£693m) for last year compared with a profit of 1.57bn euros in 2008. Revenues fell to 42.8bn euros from 43.3bn euros.
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