Airbus has reported consolidated web earnings of €362 million for the primary quarter of 2021, in comparison with a web lack of €481 million for a similar interval final yr.
Consolidated reported earnings per share stood at €0.46 for the primary quarter, up from a lack of €0.61 per share final yr.
“The nice quarter one outcomes primarily replicate our business plane supply efficiency, price and money containment, progress with the restructuring plan in addition to constructive contributions from our helicopter and defence and area actions,” mentioned Airbus chief govt, Guillaume Faury.
“The primary quarter exhibits that the disaster just isn’t but over for our business, and that the market stays unsure.
“We’re investing in innovation and within the transformation of our firm to ship on our long-term ambitions throughout the portfolio.”
Airbus obtained orders for a complete of 39 business planes over the primary three months of the yr, dramatically down from the 356 recorded within the first quarter final yr.
All however one of many new orders have been for single-aisle plane.
Nonetheless, the producer nonetheless has an order backlog comprising 6,998 plane.
Consolidated revenues for the primary quarter have been broadly secure year-on-year, standing at €10.5 billion, in comparison with €10.6 billion final yr.
