Airbus, the main European manufacturer of large passenger aircraft, has been a significant cash drain on its members.
In a single stroke, they eliminated their biggest cash drain and cleared the decks to focus on new products.
Officials in New York said the impact of the cash drain would be felt.
"The fact is, it is not a cash drain," he said of The News.
Thus they do not represent a cash drain.
An agreement with the note holders would also ease the cash drain on the carrier.
In fact, they represent a cash drain.
In addition, the company's efforts to enter the water business have fared poorly, and its broadband trading operation has become a cash drain.
Dividend cuts are probably the quickest means of reducing the cash drain.
However, the division was always both a poor performing business, and often a cash drain on the highly profitable brewing business.