European aircraft manufacturers are struggling to make money
Currency fluctuations eat into EADS profits European aerospace and defense company EADS announced yesterday that it ended the first half of 2009 with a profit despite unfavorable market conditions. At the same time, the French authorities cleared two major shareholders of the company, as well as the head of Airbus, Thomas Enders (pictured), from suspicion of abuse of insider information. However, seven more former and current EADS executives remain under investigation.