How did Airbus fare in 2019?

TD Editor

Airbus has reported full-year (FY) 2019 consolidated financial results and provided guidance for 2020. “We achieved a great deal in 2019. We delivered a strong underlying financial performance driven mainly by our commercial aircraft deliveries,” said Guillaume Faury, chief executive officer of Airbus.

“The reported earnings also reflect the final agreements with the authorities resolving the compliance investigations and a charge related to revised export assumptions for the A400M. The level of confidence in our ability to continue to deliver sustainable growth going forward has led to a dividend proposal of EUR 1.80 (USD 1.94) per share.” The focus in 2020 will be on reinforcing our company culture, improving operationally, and adjusting its cost structure to strengthen the financial performance and prepare for the future, he added.

“Strengthen financial performance.”

Net commercial aircraft orders increased to 768 aircraft (2018: 747 aircraft), including 32 A350 XWBs, 89 A330s and 63 A220s. At the end of 2019, the order backlog reached 7,482 commercial aircraft. Consolidated order intake in 2019 increased to EUR 81.2 billion (USD 87.72 billion) with the consolidated order book valued at EUR 471 billion (USD 508.80 billion) on 31 December 2019.

On the A320 programme, NEO aircraft deliveries rose by 43% year-on-year to 551 aircraft. The ramp-up continued for the Airbus Cabin Flex (ACF) version of the A321 with almost 100 more deliveries than in 2018.

Klook.com

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