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Airbus Backlog of $1 Trillion Makes Boeing Look Smaller Than It Is

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Airbus Group, the parent of European aircraft builder Airbus, reported first-quarter results Thursday morning. Revenues totaled €12.1 billion (about $13.5 billion), down about 4% compared with the first quarter of 2014. Earnings per share rose by 80%, from €0.56 to €1.01 (about $1.13). (247wallst.com) More...

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DAL498
DAL498 1
All Airbus is doing is overstating their unearned revenues. In reality what they'll get is around what Boeing will get.
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