Thursday, October 28, 2021

Airbus 9-months revenue up 17 percent on higher deliveries

 Toulouse, France-based Airbus delivered 424 commercial aircraft during the first nine months of 2021, an increase of 24 percent from 341 aircraft during 9-months of 2020.


The deliveries included 34 A220s, 341 A320s, 11 A330s, 36 A350s and 2 A380s, according to the statement issued by Airbus. One A330 was delivered on an operating lease without revenue recognition at delivery.

Consolidated revenue increased 17 percent to €35.2 billion from €30.2 billion for the nine-months ended September 30, 2020, mainly reflecting the higher number of commercial aircraft deliveries.

“The nine-month results reflect a strong performance across the company as well as our efforts on cost containment and competitiveness," said Guillaume Faury, chief executive officer, Airbus. "As the global recovery continues, we are closely monitoring potential risks to our industry. We are focused on securing the A320 family ramp up and striving to ensure the right industrial and supply chain capabilities are in place."

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