The Big White Elephant:380
IT's getting serious now!!
FRANKFURT, Germany (Reuters) -- Airbus parent EADS posted a third-quarter operating loss on Wednesday after it took 1 billion euros ($1.28 billion) of charges as it grapples with costly production problems at its A380 superjumbo program.
The loss before interest and taxes and before goodwill impairment and exceptional items was 239 million euros, compared with a year-earlier profit of 559 million.