EADS Returns to Profit on Airbus Deliveries, Raises Forecast - by Andrea Rothman
European Aeronautic, Defence & Space Co., the continent's largest aerospace company, returned to profit in the third quarter as it delivered more Airbus A380 superjumbo airliners. It raised its full-year profit forecast. Net income was 679 million euros ($865 million) compared with a 776 million-euro loss a year earlier, Paris- and Munich- based EADS said in a statement released by the German stock exchange. Last year's loss included charges for delays of the A400M military transport plane.
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