Airbus first quarter core profit down 52 percent, reaffirms targets

PARIS (Reuters) - Europe's Airbus on Thursday posted a 52 percent drop in first-quarter profit, weighed down by weaker prices for some jets as it changes over to new models and higher production costs, but reaffirmed targets for higher profits for the year.

from Reuters: Top News http://uk.reuters.com/article/uk-airbus-results-idUKKBN17T0JM?feedType=RSS&feedName=topNews