Air Transport World

EADS.(EUROPE Report)

EADS reported first-half net income of [euro]403 million ($632.7 million), up from [euro]71 million in the year-ago period, but said that owing to the declining value of the US dollar it will unveil a revamped restructuring plan this year called Power8Plus, aiming at an additional [euro]1 billion in savings and efficiency improvement beyond the [euro]7.1 billion targeted in Power8. Airbus's first-half revenue rose 5% to [euro]13. …

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