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Arianespace: a gloomy 2001

Paris, France - Nett loss for EUR 193m

The French aerospace industry Arianespace announced that in 2001 financial year it posted a EUR 193m net loss and a EUR 807m general turnover, the latter data being strongly worse than the EUR 1,1bn registered the previous year. According to a company press release, "these results were due to two factors: Arianespace’s decision to take charges to account for rapidly deteriorating commercial conditions i...

AVIONEWS - World Aeronautical Press Agency - 28356
Rome, Italy, 05/17/2002 16:10
AVIONEWS - World Aeronautical Press Agency

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