Airbus parent EADS (EAD.PA) saw its cash pile hit a record 12.2 billion euros ($17.32 billion) as it posted higher-than-expected first-quarter earnings on Friday. Europe's largest aerospace group said quarterly operating profit more than doubled to 192 million euros on revenue which rose 10 percent to 9.85 billion as passenger jets, helicopters and space compensated for a slump in defence income.The Franco-German-led group had been expected to post quarterly operating earnings of 94.5 million euros and revenue of 9.21 billion, according to a Reuters poll of 10 analysts. The company repeated its outlook for 2011.
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