Airbus profits rise, will boost aircraft production - CEO Enders

Airbus says it is going to build more planes to meet record demand for fuel-efficient airliners. It also unveiled higher profit for last year, but its forecasts for this year were cautious with revenue predicted to be flat and operating profit growth “moderate”. “We’re not planning new adventures in 2014, the focus is on execution, execution, execution,” Chief Executive Tom Enders told reporters at a news conference. Higher costs for its newest widebody jet, the A350, pulled down earnings by 434… (www.euronews.com) More...