ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Airbus gets cash boost from flurry of new jet deliveries
Bloomberg Airbus SE generated positive cash flow for the third quarter in a row, while warning that new coronavirus flareups threaten progress toward a recovery in air travel. The European planemaker reported 1.2 billion euros ($1.5 billion) in adjusted free cash flow between January and March, when aircraft deliveries surpassed the mostly pre-pandemic first quarter of 2020. Profit came in …
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