Airbus Reports Strong 2024 Performance

Airbus reported solid financial results for 2024, posting a six percent increase in revenue to €69.2 billion while delivering 766 commercial aircraft, up from 735 in the previous year. The European aerospace giant reaffirmed its long-term growth strategy, setting ambitious targets for 2025 as it works through supply chain disruptions and advances its sustainability initiatives.

Chief Executive Officer Guillaume Faury highlighted Airbus’ ability to meet its 2024 guidance despite ongoing industry challenges. The company’s commercial aircraft division remained its main revenue driver, generating €50.6 billion, reflecting increased deliveries across the A220, A320neo, A330, and A350 families. However, supply chain constraints, particularly involving Spirit AeroSystems, continued to put pressure on production, delaying the entry-into-service of the A350 freighter to the second half of 2027.

Strong Delivery Outlook for 2025

Looking ahead, Airbus plans to deliver approximately 820 commercial aircraft in 2025, marking a seven percent increase from 2024. Production ramp-ups are ongoing, with the A320 Family set to reach 75 aircraft per month by 2027, while A220 production is targeting a rate of 14 per month by 2026.

The A321XLR, Airbus’ longest-range single-aisle jet, is expected to enter service in the second quarter of 2025 following testing and certification work.

Expanding U.S. Manufacturing Footprint to Meet Demand

Additionally, Airbus is accelerating the expansion of its U.S. manufacturing footprint. The company is ramping up A320neo family production at its Mobile, Alabama, facility, responding to strong demand from North American carriers. This move aligns with Airbus’ strategy to increase localized production and mitigate supply chain risks.

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Tolga Karadeniz

Tolga is a dedicated aviation enthusiast with years of experience in the industry. From an early age, his fascination with aviation went beyond a mere passion for travel, evolving into a deliberate exploration of the complex mechanics and engineering behind aircraft. As a writer, he aims to share insights , providing readers with a view into the complex inner workings of the aviation industry.

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