Airbus shows loss for 2019 due to big bribery settlement
Commercial aircraft maker Airbus lost 1.36 billion euros ($1.48 billion) in 2019 because of a multibillion-euro bribery settlement with authorities in three countries, but otherwise saw a record year of aircraft deliveries and increased its dividend.
Operating earnings without one-time burdens rose 19% to 6.9 billion euros. The company said Thursday it would propose a dividend of 1.80 euros per share, up 9% from 2017. Revenues rose 11% to 70.5 billion euros as the company ramped up production of its A320 twinjet.
They should be dominating with the problems Boeing is having.
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