1. Skip to content
  2. Skip to main menu
  3. Skip to more DW sites

Europe's aviation giant throws in the towel for a major contract with the US military

01:08

This browser does not support the video element.

VideoassistentenMarch 9, 2010

Europe's aviation giant EADS is dealing with one hard blow after another today. The company announcing it lost more than 700 million euros last year. And that is only part of the problem. EADS has also withdrawn its bid to make refueling planes for the US Air Force. That would have been a lucrative deal for a company struggling to improve its bottom line.