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Airbus posts higher first quarter profits
Airbus posts higher first quarter profits

New Straits Times

time01-05-2025

  • Business
  • New Straits Times

Airbus posts higher first quarter profits

AMSTERDAM: The European aviation company, Airbus, said on Wednesday that its first quarter net income rose to €793 million (US$899 million) or €1.01 per share, up from €595 million or €0.76 per share last year, the German news agency (dpa) reported. Adjusted Earnings Before Interest and Taxes or EBIT rose by 8 per cent to €624 million from €577 million last year. Reported EBIT dropped by 22 per cent to €473 million from €609 million. Consolidated revenues for the first quarter rose 6 per cent to €13.542 billion from €12.83 billion last year. A total of 136 commercial aircraft were delivered compared to 142 aircraft in the prior year. The deliveries comprise of 17 A220s, 106 A320 Family, four A330s and nine A350s. -- BERNAMA-dpa

Putin declares unilateral three-day truce in Ukraine in May
Putin declares unilateral three-day truce in Ukraine in May

New Straits Times

time28-04-2025

  • Politics
  • New Straits Times

Putin declares unilateral three-day truce in Ukraine in May

MOSCOW: Russian President Vladimir Putin on Monday declared a unilateral ceasefire in Ukraine from May 8 to May 10, coinciding with the 80th anniversary of victory over Nazi Germany, German Press Agency (dpa) reported. "During this period, all hostilities will cease," a Kremlin statement said, adding Putin made the decision on "humanitarian grounds." "Russia believes that the Ukrainian side should follow this example," the statement continued. Kyiv has yet to publicly respond. The move comes as US President Donald Trump, has sought a swift end to the three-year-old war.– BERNAMA-dpa

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