European aeroplane manufacturer Airbus has posted a loss of 481 million euros ($A804 million) in the first quarter of 2020 due to the coronavirus pandemic.
The company’s revenue dropped by 15 per cent to 10.6 billion euros because of interruptions in aircraft delivery, Airbus said on Wednesday.
It posted a slump of 49 per cent to 281 million euros in its first-quarter adjusted operating profit.
Airbus head Guillaume Faury made no new profit forecasts for the current year because of the unclear duration and consequences of the pandemic.
Airbus had already announced a production cut by about one third in its passenger jets due to the pandemic as its airline clients have suffered from a massive reduction in air travel due to the pandemic.
The entire aviation industry has been hit hard by the coronavirus crisis, and many airlines are fighting for survival.