Airbus is expected to begin deliveries of its A350F freighter in 2026. Courtesy: Airbus
Key Takeaways:
Airbus reported strong financial growth in 2022, with net income rising 1% to €4.25 billion and revenues increasing 13% to €58.8 billion, leading to a proposed dividend hike for shareholders.
The company saw a significant 62% increase in net order intake for commercial aircraft (820 units) and ended the year with a robust backlog of 7,239 aircraft, despite a decline in helicopter orders.
Despite the positive financial results, 2022 was deemed a "complex year" due to an adverse operating environment, geopolitical events, and supply chain issues that prevented Airbus from meeting its planned commercial aircraft delivery targets.
Airbus's primary focus for 2023 is to accelerate commercial aircraft production and enhance collaboration with suppliers to address ongoing supply chain challenges and adapt output.
Airbus reported its fiscal year 2022 consolidated earnings this week, revealing net income for 2022 of €4.25 billion, €34 million over its reported 2021 net income of €4.21 billion—a 1 percent increase.
The aerospace manufacturer reported an order backlog of 7,239 commercial aircraft at the end of the year.
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Amy Wilder fell in love with airplanes at age 8 when her brother-in-law took her up in a Cessna 172. Pretty soon, Amy's bedroom walls were covered with images of vintage airplanes, and she was convinced she'd be a bush pilot in Alaska one day. She became a journalist instead, which is also somewhat impractical—but with fewer bears. Now she's working on her private pilot certificate and ready to be a lifelong student of the art of flying.
