, Columnist
Boeing and Airbus: Cash Position
The U.S. giant's cash flow eclipses its European rival.
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Dodgy engines on the all-important A320 Neo passenger jet; a $1.6 billion charge on the ever-problematic A400M military transporter; bribery probes. Whatever. Investors looked beyond all of the troubles surrounding Airbus SE on Thursday, pushing its shares up by almost 10 percent after a surprisingly strong set of financial results.
"We're used to doing crisis management here," soon-to-depart boss Tom Enders said. It seems the stock market shares his sanguine view of life.