eads posts 14 leap in q2 profits becomes airbus
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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EADS posts 14% leap in Q2 profits, becomes Airbus

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Arab Today, arab today EADS posts 14% leap in Q2 profits, becomes Airbus

Paris - AFP

European aerospace giant EADS on Wednesday posted a 14 percent jump in second quarter net profits to 518 million euros ($686 million), and said it would change its name to Airbus, its better-known subsidiary. "The renaming simply gathers the entire company under the best brand we have, one that stands for internationalisation, innovation and integration -- and also for some two thirds of our revenues," said the company's CEO, Tom Enders. "It reinforces the message that 'we make things fly'."

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