Airbus targets operating profit gain in 2020, after bribery settlement net loss
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PARIS (Reuters) - Airbus plunged to a 1.362 billion euro ($1.48 billion) net loss in 2019, weighed down by a multinational bribery settlement, but the European aerospace group pledged to increase operating profit and deliver 880 commercial jets this year.Full-year adjusted operating income rose 19% to 6.946 billion euros and should top 7.5 billion euros in 2020, Airbus said. Revenue increased 11% to 70.478 billion euros.The net loss reflected a 1.212 billion euro charge on the troubled A400M..