Airbus profit dives on problems with A400M military jet

This Thursday, June 20, 2013, file photo shows an Airbus A400M performing its demonstration flight during the 50th Paris Air Show at Le Bourget airport, north of Paris, France. Surprise new costs for the long-troubled Airbus A400M military jet sent the European planemaker’s profits plunging last year despite a rise in commercial aircraft deliveries, Airbus reported Wednesday Feb. 22, 2017.