Air Transport World

Airbus Industrie.(loses $200 million in 1998)

Airbus Industrie reportedly lost $200 million last year owing to intense price competition with Boeing. A spokeswoman told the European Wall Street Journal, "Although in 1998 Airbus Industrie as a consortium posted a loss as a result of price pressures on orders taken in previous years, the Airbus business as a whole was profitable. …

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