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PARIS – Airbus parent consort EADS NV Friday blamed an accounting modify for a prototypal lodge expiration but said it was on track to impact its annual income and conveying targets.

Toulouse, France supported EADS reportable a gain expiration of euro12 meg ($17 million) in the prototypal lodge compared to a profit of euro103 meg a assemblage earlier.

In a statement, the European aerospace consort said a "negative accounting revaluation" of its U.S. note and nation blow cash assets mass the euro's motion between Dec 2010 and March, 2011 caused its earnings to slip into the red for the quarter.

But EADS said it ease expects to deliver between 520 and 530 advertizement bomb this assemblage and to inform flooded assemblage revenues above last year's euro46 billion. The consort also ease maintains its target for operative profit of around euro1.3 billion, which is in distinction with last year.

The concern of the Airbus 380 superjumbo plane said it's considering lifting production of its single-aisle bomb beyond the already targeted 40 per punctuation that it is aiming to attain by the prototypal lodge of 2012. The rebounding orbicular economy is dynamical strong growth in traveller traffic, especially in Asia. EADS said it expects to take a selection on the ramp-up shortly.

Airbus' revamped edition of its stager single-aisle A320 has seen strong demand, EADS said, with commitments from airlines of more than 330 bomb just four months after the program's launch.

Airbus says the A320neo has aerodynamically improved wingtip extensions and fuel-efficient engines which module deliver up to 15 proportionality in render savings. It foresees a possibleness mart for most 4,000 A320neo aircraft.

EADS income grew 10 proportionality in the prototypal lodge to euro9.9 billion. Airbus' advertizement plane making sectionalization saw income grow 12 proportionality patch order intake slumped in the quarter, but Chief Financial Officer Hans-Peter Ring told reporters in a word call that the consort is optimistic that this module be reversed at incoming month's town Air Show.

Airbus delivered 119 advertizement bomb in the prototypal quarter, including four A380s. It took in 69 gross orders during the period, including 10 for the A380.

EADS warned that its long-troubled widebody A350XWB program "remains challenging," but said it ease aims to place it into assist by the ordinal half of 2013.

The bomb is fashioned to contend with Boeing Co.'s even more harassed 787 program. Airlines hoping to spend on render bills are eagerly awaiting both the 787 and the A350. The new jets are fashioned to be more energy-efficient than bomb flying today thanks to a greater use of composite copy materials.

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