Airbus has reported that consolidated revenues increased 13% to €58.8 billion (2021: €52.1 billion). A total of 661 commercial aircraft were delivered (2021: 611 aircraft), comprising 53 A220s, 516 A320 family, 32 A330sand 60 A350s. Revenues generated by Airbus’ commercial aircraft activities increased 15% year-on-year, mainly reflecting the higher deliveries and the strengthening of the U.S. dollar. Airbus Helicopters delivered 344 units (2021: 338 units), with revenues rising by 8%, mainly reflecting growth in services and a favourable mix in programmes. Revenues at Airbus Defence and Space increased 11%, mainly driven by higher volume in Military Aircraft and Eurodrone. A total of ten A400M airlifters were delivered in 2022, compared to eight in 2021.
Consolidated adjusted EBIT increased to €5,627 million (2021: €4,865 million).
Adjusted EBIT related to Airbus’ commercial aircraft activities increased to €4,600 million (2021: €3,570 million). The increase reflects the higher deliveries and is supported by some non-recurring elements – mainly the positive impacts from retirement obligations and from the progress made on compliance related topics – partly offset by a less favourable hedge rate compared to FY 2021.
On the A320-family programme, the ramp-up trajectory has been adapted with suppliers. The company is now progressing towards a monthly production rate of 65 aircraft by the end of 2024 and 75 in 2026. Entry-into-service for the A321XLR is expected to take place in Q2 2024.
The A330 monthly production rate increased to around three at the end of 2022 as planned and the company now targets to reach rate four in 2024. The A350 monthly rate is now around six aircraft. In order to meet growing demand for wide-body aircraft as international air travel recovers, and following a feasibility study with the supply chain, the company is now targeting a monthly production rate of nine A350s at the end of 2025.
Airbus Helicopters’ adjusted EBIT increased to €639 million (2021: €535 million), reflecting higher services and programme execution. Non-recurring elements included the positive impact related to retirement obligations booked in Q1.