By Daniel Hunter

Aircraft manufacturer Airbus has reported a 34% rise in profits for the first half of 2015.

Airbus posted profits of €1.52bn (£1bn) in the first six months as revenues rose 6% to €28.9bn (£20.3bn).

The strong profit growth comes despite a €290m charge relating to the A400M programme, after one of its military planes crashed during a test in May.

Airbus said it was still committed to the A400M project, "however, the accident caused setbacks on qualifying enhanced military capability and the schedule of planned deliveries," the company said.

"Revenues, profitability and cash generation all improved, and the overall financial performance means we are on track to deliver our 2015 guidance," said Tom Enders, chief executive officer of Airbus.