European planemaker Airbus has announced record demand for its commercial jetliners has resulted in a 22% rise in net profits.
The company announced annual profits of €1.47bn in 2013, up from €1.2bn the previous year, and now plans to ramp up production of single-aisle jets to 46 a month by 2016, up from the current figure of 42. Airbus, known which saw overall revenues rise 5% to €59.3bn, forecast jet deliveries to remain at about…
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