European OEM Airbus has produced its Quarter 1 (Q1) results with the airframer reporting revenues of $13.5 billion (EBIT adjusted $0.6 billion).
The strong revenues means that Airbus guidance for 2025 will remain unchanged.
During Q1 Airbus delivered 136 aircraft to airlines across the globe with the single-aisle A320neo family dominating those deliveries.
Gross orders totalled 280 (net order 208) which is a significant increase on Q1 2024 which saw 170 aircraft ordered and the current baclog for commercial aircraft is 8,726.
Airbus helicopter division, Airbus Helicopters also reported strong ales with net orders for 100 aircraft being achieved.
“Our Q1 results demonstrate the progress we are making on our priorities across the business. We are ramping up production in line with our plan but the delivery profile will be backloaded, reflecting the specific supply chain challenges we are facing this year,” said Guillaume Faury, Airbus Chief Executive Officer.
“We maintain the guidance that excludes tariffs which are adding complexity and remain uncertain in terms of implementation, scope and duration. We are closely monitoring and assessing the situation, but it is too early to quantify the impact today. When it comes to our defence activities, we support the recent approach to strengthen the European defence industry and we stand ready with our broad portfolio of products and solutions to respond to our customers’ requirements.”
Airbus says it is on track to ramp up production of the A320neo family to 75 aircraft per month by 2027 and 14 A220 airliners a month by 2026. They are also still targeting a production rate for the A350 of 12 per month by 2028, double the current production rate.
