Airline
EAD Profits Drop
EAD, the parent of Airbus, registered a 70% dive in operating profits during the first quarter, following a new charge for its postponed A400 military plane. They also cut their forecast for civil plane order, which caused their share price to slide.
EAD results reflect the challenges faced by aerospace firms because airlines avoid expanding their fleets while funds are scarce. Backstop accounting measures in place at EAD add to the difficulties while the A400m’s future is uncertain.
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Jerash (or Gerasa as it used to be known) is one of the best preserved Roman cities outside of Rome. The area has been settled since prehistoric times, but it did not become significant until General Pompey conquered the region in 63BC. Under the Romans the city prospered due to its position on the Via Nova Traiana, a highway between Aqaba and Damascus. The population reached 20...
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