EADS Profit Down; Eurocopter, A400M Trouble
LONDON — Eurocopter order cancellations and A400M cost overruns remain troublesome areas for EADS, although in reporting first-quarter results, the aerospace giant signals that it sees an overall improvement in business conditions.
Eurocopter saw 18 cancellations in the quarter, down from the level of a year earlier. And while demand is improving over 2009, EADS warns that “commercial appetite is still ...