Airbus Reports 2023 Results | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-07.15.24

Airborne-NextGen-07.16.24

Airborne-Unlimited-07.17.24

Airborne-FlightTraining-07.18.24

Airborne-Unlimited-07.19.24

Sat, Feb 17, 2024

Airbus Reports 2023 Results

Surprisingly Good Year for Boeing Rival - Will The Lucky Streak Continue?

Airbus reported its 2023 financial results for fiscal year 2023, capping the year with an EBITDA of €5.8 billion on revenues of €65.4 billion.

Capping off a year that saw 2,319 commercial aircraft orders, the fight against their yankee rival Boeing is Airbus' to lose. Net orders remained strong, at 2,094 aircraft to only 820 for the same span in 2022. That brought the total Airbus backlog to just under 8,600 aircraft on the commercial side. Airbus Helicopters saw less stark growth from 2022, seeing its net orders rise to 393 from 362 the year before. Airbus Defence and Space saw its order intake rise by 15%, thanks to a 4th quarter order for 16 new C295 aircraft to Spain.

EBITA related to the company's commercial arm alone rose from €4.6 to €4.81 million, thanks to "higher deliveries and a more favourable hedge rate". One bruise in the company came from the impact of Russian sanctions, which tightened distribution lines for niche materials like titanium in the wake of an already battered post-COVID supply chain.

“In 2023 we recorded strong order intake across all our businesses and we delivered on our commitments. This was a significant achievement given the complexity of the operating environment,” said Guillaume Faury, Airbus Chief Executive Officer. “We will continue to invest in our global industrial system, while progressing on our transformation and decarbonisation journey. Our dividend proposals are a reflection of the strong 2023 financials, our growth prospects in 2024 and balance sheet strength.”

FMI: www.airbus.com

Advertisement

More News

ANN's Daily Aero-Linx (07.21.24)

Aero Linx: WACO Historical Society The WACO Aircraft Company was the largest manufacturer of civil aircraft in the country in the late 1920's and early 30's and this museum is dedi>[...]

ANN's Daily Aero-Term (07.21.24): Radar Flight Following

Radar Flight Following The observation of the progress of radar-identified aircraft, whose primary navigation is being provided by the pilot, wherein the controller retains and cor>[...]

Airborne 07.17.24: Illegal Parts, Fantasy of Flight, Apollo 11's 55th

Also: Aerox, WI ANG, HI Helo Accident, Gulfstream Expansion Another criminal case involving non-airworthy parts swappage has seen the sentencing of those involved, costing the perp>[...]

Airborne-NextGen 07.16.24: Joby Record, Pelican Spray, Beta’s ALIA

Also: UAS4STEM, uAvionix Waiver, 1st J-1 Pulsejets, ZeroAvia Hydrogen Joby Aviation managed to pull off a 523-mile flight using their hybrid electric/hydrogen VTOL aircraft, once a>[...]

ANN's Daily Aero-Linx (07.22.24)

Aero Linx: Michigan Department of Transportation Aeronautics is an integral part of our transportation system, moving people and goods throughout the world. The airports that suppo>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC