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Airbus has warned of the continuing technical problems its facing with its A400M military aircraft programme.
Airbus says there are problems over โmeeting contractual capabilitiesโ securing export orders, cost cutting, and commercial exposure.
As well as this, technical problems with engines for its new A320neo aircraftย are yet to be sorted.
The firm has posted its quarterly figures which show aย 52 per cent fall in net profits to 240m euros (ยฃ203m).
Total revenues for the three-month period rose seven per cent to 13bn euros. The firm also said its on track to deliver 700 commercial aircraftย during the course of 2017.
Tom Enders, Airbus chief executive, said: โNew order activity was low in Q1 as predicted but letโs not forget that our strong order book of over 6,700 commercial aircraft supports our ongoing production ramp-up. Programme execution remains key for all our businesses,โย
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