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Airbus shares trade lower after A400M military plane crash

Reuters - UK Focus

PARIS, May 11 (Reuters) - Shares (Frankfurt: DI6.F - news) in aerospace group Airbus fell on Monday after the weekend crash of an A400M military plane during flight testing.

Shares in Europe's largest aerospace group, which hit a record high in April, fell 3.6 percent at the opening in Paris before retracing some of their losses.

The military plane crashed outside Seville on Saturday (Shenzhen: 002291.SZ - news) , killing four test crew and prompting Britain and Germany to ground Europe's new troop and cargo carrier..

Malaysia followed suit on Monday, but Airbus said it would continue pre-delivery flight trials unless it discovered evidence that required it to stop. (Reporting by Tim Hepher; Editing by Andrew Callus)