Airbus booked a record profit of 4.2 billion euros (USD4.8 billion) last year as the aircraft
maker delivered more planes with the global economy rebounding from the coronavirus pandemic.
While other Airbus FAL locations will eventually be producing A321XLRs to fulfill the type’s
impressively large customer order book, Hamburg has been chosen to ‘pilot’ this new variant
into series production.
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And in today's video, we are going to talk about “Airbus Big News!”
So without any further ado, Let's begin.
This is starting with the three development flight test aircraft – now in various stages
of completion there.
Gross commercial aircraft orders totaled 771 with net orders of 507 aircraft after cancellations.
Included were the first A350 freighter orders, confirming customer demand for this new program.
The order backlog was 7,082 commercial aircraft on 31 December 2021.
Airbus Helicopters booked 414 net orders, achieving a book-to-bill ratio well above
1 both in terms of units and value.
Consolidated revenues increased 17 percent to € 35.2 billion, mainly reflecting the
higher number of commercial aircraft deliveries compared to 9m 2020.
A total of 424 commercial aircraft were delivered, comprising 34 A220s, 341 A320 Family, 11 A330s,
36 A350s, and 2 A380s.
On 27 May 2021, the Company provided suppliers with an update of its production plans based
on its expectation that the commercial aircraft market may recover to pre-COVID levels between
2023 and 2025, led by the single-aisle segment.
“2021 was a year of transition, where our attention shifted from navigating the pandemic
towards recovery and growth,” said the group’s chief executive Guillaume Faury.
“The strong financials reflect the higher number of commercial aircraft deliveries,
the good performance of our helicopters and defense and space businesses as well as our
efforts on cost containment and competitiveness.
“Record net income and our efforts to strengthen the net cash position underpin our proposal
to reintroduce dividend payments going forward.”
The company recently canceled Qatar Airways orders for several planes amid a dispute over
the quality of paint and surfaces on some Airbus jets.
The Middle Eastern carrier issuing Airbus in a London court.
Following a back and forth full of mutual accusations, the Qatari airline decided to
take the manufacturer to court in the UK for more than $600m.
Faury said that, despite his decision to revoke all of Qatar Airways’ orders, Airbus still
wants to find a solution.
Airbus has confirmed plans to hike production rates of its popular A320 family to 75 jets
per month by 2025, up from its current rate of 50 per month.
The proposal comes despite the company facing warnings and pushback from some suppliers
over previous plans to boost A320 production to 65 by Summer 2023.
The company says it will raise production levels by working with partners, increasing
capacity at its industrial sites, and ensuring all its commercial aircraft assembly sites
are A321-capable.
Airbus A320 family planes are one of the most popular narrow-body aircraft in the world
and serve to connect mainly domestic and short-haul destinations.
Major Indian airlines like IndiGo, GoAir, AirIndia, Vistara, and AirAsia India operate
a significant number of Airbus A320 fleets.
However, it is expected to bounce back to pre-covid levels in the next couple of years
as countries prepare to complete massive vaccination drives that would protect the masses against
covid-19.
Despite the delay to the A321XLR, Airbus hopes its increased A320 output will help it further
cement its position over Boeing as the leader of the narrowbody market.
But with the Boeing 777X delayed, Qantas’s recent A350 order, and Airbus delivering more
widebodies than Boeing for the first time in a decade last year, Boeing may find itself
looking over its shoulder in the widebody market too.
Guillaume Faury, Airbus CEO, said: “Looking beyond 2022, we see continuing strong growth
in commercial aircraft demand driven by the A320 Family.
As a result, we are now working with our industry partners to increase A320 Family production
rates further to 75 aircraft a month in 2025.
This ramp-up will benefit the aerospace industry’s global value chain.”
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