The Traderszone Network

Published in TZ Latest News 10 May, 2015 by The TZ Newswire Staff

Airbus shares fall after A400M military plane crash

Shares in Airbus Group (AIR.PA) fell on Monday after the weekend crash of an A400M military plane increased investors’ anxieties over Europe’s largest and heavily delayed defense project, while the planemaker pledged to overcome the tragedy. Shares in Europe’s largest aerospace group, which hit a record high in April, fell 3.8 percent to 61 euros in morning trading, erasing gains seen in the previous week. The military plane crashed outside Seville on Saturday, killing four crew and prompting Britain, Germany and Malaysia to ground their fleets of Europe’s new troop and cargo carrier..

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