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Airbus: Rebound in net profit from 85% to 1.5 billion euros in the first half

Faced with “Persistent drivers supply problems on the A320 program“, Airbus delivered between January and June 306 planes, against 323 during the same period of the previous year.”We produce planes in accordance with our plans but deliveries are delayed because we are faced with persistent problems of supply of engines on the A320 program“Said Airbus Guillaume Faury’s boss quoted in a statement. Turnover increased by 3% to 29.6 billion euros, but that generated by Airbus commercial aircraft has decreased by 2% to 20.8 billion euros due to the lower number of deliveries, underlines the aircraft manufacturer.

A year ago, Airbus’s half -yearly net profit melted by 46% due to significant charges related to space activities. Faced with a drop in the demand for telecommunications satellites which was lensing its financial performance, Airbus announced in October 2,500 job cuts in its defense and space division, a figure revised downwards in December at 2043 abolitions. Forecasts in the year 2025 remain at this stage unchanged despite the context “complex and scalable“: the aircraft manufacturer plans to deliver 820 commercial aircraft, against 766 last year, and aims for an adjustment operating profit”about 7 billion euros“.

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