Airbus reported a €283 million ($349 million) net profit in the March quarter, down 31% from €409 million a year earlier. The Toulouse-based manufacturer cited supplier delays in the A320neo program as the main cause for the profit drop. Revenue fell 12% year-over-year to €10.1 billion. Because the company built up a massive inventory of unfinished aircraft, Airbus reported a €3.8 billion negative free cash flow for the quarter. Airbus also announced it will ...

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