UPDATE 1-Airbus Q1 core profit plunges 49% as coronavirus crisis starts to bite
April 29, 2020 at 01:25 AM EDT
Planemaker Airbus on Wednesday posted a 49% slump in first-quarter adjusted operating profit to 281 million euros ($304.7 million) as revenue dropped 15% to 10.631 billion euros amid the "gravest crisis the aerospace industry has ever known".