EADS share suffers “scandalous under-evaluation”.

The aerospace group’s share, indeed, did not react to the announcement that Airbus had won nearly 400 net aircraft orders in the first quarter of 2008. Airbus sells plenty more aircraft than its rival Boeing, points out the weekly. Besides, Airbus has a dynamic aircraft development policy: after launching the A330 cargo version last year, it is currently defining a cargo variant of its A320 in cooperation with Russian partners. Still, the market remains cautious about EADS, following leaks of the AMF report that warn of a fall of Airbus’s future profitability, allegedly written down in the group’s books as soon as June 2005. L’Hebdo-Bourse Plus (11/04)