Business daily

Airbus revenues rise, but profits hit by legal costs

BUSINESS DAILY
BUSINESS DAILY © FRANCE 24

Airbus benefitted from the troubles at its main rival Boeing in 2019, with an increase in orders and revenues. The aerospace giant reported a net loss for last year, however, after it agreed a €3.6 billion settlement with authorities in France, the UK and the US over corruption allegations. Also today, we look at the fallout from the cancellation of Mobile World Congress in Barcelona.