Airbus Wrestles With Problem Planes as Profit Halves
- Company reserves judgment on Pratt fix for A320neo engine
- Talks on A400M cost overruns set to extend into next year
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Airbus SE said three problem aircraft programs are set to remain a bugbear for the rest of the year after weighing on earnings in the first quarter.
The planemaker is waiting on a fix for glitches afflicting engines on its new A320neo narrow-body jet, while production delays persist on the twin-aisle A350, Airbus said Thursday. And talks with European governments on stemming cost overruns on the A400M military transport are likely to stretch into 2018.