Airbus has released its 9-month figures for 2022 showing strong recovery for the first 3/4 of the year with 437 commercial aircraft being delivered giving the manufacturer 38.1bn euro in revenue.
Delivered aircraft comprised of 34 A220s, 340 A320 Family, 21 A330s and 42 A350s. Airbus racked up 836 aircraft orders during the period.
Guillaume Faury, Airbus Chief Executive Officer said “The supply chain remains fragile resulting from the cumulative impact of COVID, the war in Ukraine, energy supply issues and constrained labour markets. Our strong focus on cash flow and the favourable dollar/euro environment have enabled us to raise our free cash flow guidance for 2022. The commercial aircraft delivery and earnings targets are maintained. Our teams are focused on our key priorities and in particular, delivering the commercial aircraft ramp-up over the coming months and years.”
Airbus is now progressing towards a monthly rate of 65 A320 family aircraft in early 2024 and 75 in 2025 and the groundwork continues throughout all sites to secure that rate of production. Preparation is also underway for a second A320 Final Assembly Line in Toulouse is underway.
Looking towards the future all three test A321XLRs have now flown, with the aircraft’s entry-into-service expected to take place in the 2nd quarter of 2024.
