EADS Slides to 2007 Loss

BUT.................................
EADS said it expects a profit recovery in 2008, with earnings before interest of 1.8 billion euros.

By pierre tran
Published: 11 Mar 13:54 EDT (09:54 GMT)
PARIS - EADS stumbled into loss last year, hammered by 1.4 billion euros ($2.1 billion) of provisions on the A400M military transport aircraft, charges on airliner programs and restructuring prompted by chronic dollar weakness.

The European company reported March 11 a larger-than-expected 2007 net loss of 446 million euros after a profit of 99 million a year earlier, on stable sales of 39 billion euros. High levels of deliveries of Airbus commercial aircraft buoyed sales.
Europe
Air Warfare
In response to Boeing's appeal of the U.S. Air Force's award of an air tanker contract to EADS and Northrop Grumman, EADS Chief Executive Louis Gallois said, "The process was exceptionally transparent, professional and fair."

Gallois was speaking at a news conference here on the group's 2007 results.

It was "not a hazard" that the militarized Airbus A330 has won five competitions in a row, he said. The profit split between EADS and Northrop Grumman on the U.S. contract is confidential, he said.
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Great timing for A330 contracts taking off as to speak.

Pricing planes in US $ is hitting Airbus right now. It's to be expected and I would be pretty sure they have hedged the currency movements as best they can but I wouldn't be at all surprised to see planes move away from being priced in US $ soon.
It's just been too erratic (one way, down heavily) in value lately.