Business
Airbus Reveals Loss Of $1.365 Billion For 2020 – Simple Flying
Today Airbus revealed its full-year results for the 2020 financial year. As expected, the results were worse than…
Today Airbus revealed its full-year results for the 2020 financial year. As expected, the results were worse than the previous year, primarily driven by the COVID-19 pandemic. However, the manufacturer still has a net cash position of 4.3 billion ($5.2 billion).
Airbus’ 2020 financial results were impacted by the COVID-19 pandemic as expected. Photo: Getty Images
As one of the major aerospace manufacturers, Airbus’ results are always keenly awaited by the industry, especially the full-year results….
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