Airbus has not been destroyed despite A400M pain

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The plane`s engines have been the main source of problems, with seven NATO countries giving Airbus 3.
5 billion euros in 2010 to resolve issues.
Airbus has been forced to write-off billions of dollars as it struggles to get its beleaguered A400M military plane back on track but the company`s chief executive insisted the company`s underlying potential remained strong.
The European plane maker has asked governments to renegotiate contracts for the military transporter, which has now led it to write off more than 6 billion euros.
Airbus witnessed a significant uptick in orders in its commercial airliner business in 2017 though frequent setbacks on its military programs significantly damaged its earnings report released on Tuesday.
"We have a particular concern in the military area, that is with our transport aircraft the A400M where we took a charge from the entire year of $2.
2 billion? that hurts for sure," Tom Enders, chief executive of Airbus, told CNBC on Tuesday.

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