European aerospace giant EADS reported Tuesday a 2009 net loss of 763 million euros because of provisions to cover cost over-runs on its A400M military transport project and on the A380 superjumbo. EADS recorded a net profit of 1.57 billion euros in 2008 but was hit by a 1 ...

European aerospace giant EADS said Friday it would report a 2009 loss after having to make provisions worth 1.8 billion euros to cover cost over-runs on its A400M military transport project. The company said it would sustain both an operating and a net loss in its 2009 accounts. EADS ...