Airbus’ financial report for first half of 2018

In a nutshell, the first half of 2018 has seen a robust growth in commercial aircraft environment robust, with backlog underpins ramp-up plans. Amongst which, the report reflects the A350 XWB performance and delivery phasing, with revenues hitting € 25 billion.


 

In a nutshell, the first half of 2018 has seen a robust growth in commercial aircraft environment robust, with backlog underpins ramp-up plans. Amongst which, the report reflects the A350 XWB performance and delivery phasing, with revenues hitting € 25 billion.

 

“The first half financials reflect the back-loaded deliveries due to A320neo engine shortages, while on the positive side there was a strong improvement on the A350 programme,” said Airbus Chief Executive Officer Tom Enders. “A320neo aircraft deliveries picked up during the second quarter but challenges remain to meet our full year targets. Market demand remains strong for the expanded Airbus portfolio that now includes the A220 at the smaller end.

 

The recent Farnborough Airshow underlined this, with new business for over 400 single-aisle and wide-body aircraft announced. Our operational focus in commercial aircraft remains squarely on securing the production ramp-up. On our largest military programme, the A400M, we are making progress operationally, on improving capabilities as well as in negotiations with governments for the necessary contract amendment.”

 

Net commercial aircraft orders increased to 206 with gross orders of 261 aircraft including 50 A350 XWBs and 14 A330s. The order backlog by units totalled 7,168 commercial aircraft.  During July’s Farnborough Airshow, Airbus announced orders and commitments for a total of 431 aircraft although these are not yet reflected in the order book. Net helicopter orders totalled 143 units. Airbus Defence and Space saw good order momentum, particularly in Space Systems, while there are encouraging prospects for European military cooperation programmes in Military Aircraft and Unmanned Aerial Systems.