AviTrader sponsorship ad

Airbus posts strong Q1 2024 financial results

Airbus
© Airbus

Airbus has unveiled its consolidated financial results for the first quarter ending March 31, 2024 (Q1 2024). The company reported robust performance across its commercial aircraft, helicopters, and defence and space divisions.

Gross commercial aircraft orders reached 170 units in Q1 2024, up from 156 in Q1 2023, with no cancellations, maintaining the same number of net orders as the previous year at 142 aircraft. The total order backlog stood at 8,626 commercial aircraft by the end of March 2024. Meanwhile, Airbus Helicopters secured 63 net orders in Q1 2024, compared to 39 units in Q1 2023, primarily in the light and medium segments. Airbus Defence and Space recorded an order intake value of €2.0 billion, slightly down from €2.5 billion in the previous year.

Consolidated revenues surged by 9% year-on-year to €12.8 billion, driven by increased commercial aircraft deliveries. A total of 142 commercial aircraft were delivered, including 12 A220s, 116 A320-family aircraft, seven A330s, and seven A350s. Revenues from Airbus’ commercial aircraft activities rose by 13%, primarily due to the higher number of deliveries. However, Airbus Helicopters saw a decrease in deliveries to 50 units, leading to a 9% decline in revenues, partially offset by services. Revenues at Airbus Defence and Space increased by 4%, mainly propelled by the Air Power business.

The Consolidated EBIT Adjusted in Q1 2024, a key performance indicator excluding certain charges or profits, stood at €577 million, down from €773 million in Q1 2023. This decrease was partly attributed to the increased Airbus Employee Share Ownership Plan expenses.

EBIT Adjusted for Airbus’ commercial aircraft activities decreased to €507 million, compared to €580 million in the previous year. This was despite the positive impact of higher deliveries, offset by less favourable hedge rates and investments for future preparation.

Looking ahead, Airbus continues to focus on ramping up production rates for various aircraft programmes. The A220 programme aims to reach a monthly production rate of 14 aircraft by 2026, while the A320-family programme targets 75 aircraft per month by the same year. The entry-into-service for the A321XLR is anticipated in Q3 2024. Additionally, the production rate for the A350 is set to increase to 12 aircraft per month by 2028, with a target of rate four for the A330 in 2024.

Share this Article
Thursday September 11, 2025
Avelo E195-E2 Embraer
Avelo Airlines has placed a firm order for 50 Embraer E195-E2 aircraft, with purchase rights for a further 50, as part of its strategy to provide affordable and convenient travel across the United States. Deliveries are scheduled to commence in the first half ... Read More »
Thursday September 11, 2025
New flydocs Partnership Air India
flydocs, a provider of digital records, asset management and engineering services for the aviation industry, has signed Air India as its first digital records customer in the Indian market. This milestone marks a significant chapter in flydocs’ history and e... Read More »
Thursday September 11, 2025
ATR-72-500F with Purolator livery KF Aerospace
KF Aerospace is pleased to announce the acquisition of a third ATR 72-500 from passenger and cargo carrier FlyCAA. The acquisition of this aircraft will support KF Aerospace’s recently renewed 10-year contract to manage Purolator’s British Columbia Feeder ... Read More »
Thursday September 11, 2025
Trax
Trax, a provider of paperless aviation maintenance and engineering software, has announced the successful implementation of an expanded suite of its eMobility applications by Air Europa Express. Air Europa Express currently uses several of eMobility applicatio... Read More »
Thursday September 11, 2025
Diana Birkett & Kyle Levine Alaska Air Group
Alaska Air Group has announced that Diana Birkett Rakow will become CEO of Hawaiian Airlines with effect from October 29. She previously served as Senior Vice President of Public Affairs and Sustainability at Alaska Airlines, and will succeed Joe Sprague, who ... Read More »
Thursday September 11, 2025
MRO Japan
Touchdown Aviation (TDA) has disclosed the signing of a general terms agreement (GTA) for purchasing and exchange with MRO Japan (MJP), Japan’s first dedicated aircraft maintenance company. The GTA establishes a streamlined framework for the efficient exchan... Read More »
Wednesday September 10, 2025
Fraser Currie (l) and Adam Voss (r) Joramco
Joramco, the Amman-based MRO facility and division of Dubai Aerospace Enterprise (DAE), has appointed Adam Voss as its new CEO, effective September 14 2025. Voss previously served as Chief Operating Officer at Joramco and, until recently, was Chief Executive O... Read More »
Wednesday September 10, 2025
Agreement signing with Air France ADE
Asia Digital Engineering (ADE), the Maintenance, Repair and Overhaul (MRO) specialist has entered into a long-term agreement with Air France to deliver heavy maintenance and aircraft modification services for the airline. Under the agreement, ADE will begin he... Read More »
Wednesday September 10, 2025
Kevork Agopian Swiss-AS
Swiss Aviation Software (Swiss-AS) has announced the appointment of Kevork Agopian as Chief Operating Officer (COO). This key leadership change further strengthens the company’s executive team and marks an important step in ensuring continued excellence in c... Read More »
Wednesday September 10, 2025
A220 JetBlue
JetBlue has marked a major milestone in its 25-year history with the final revenue flight of its Embraer E190, officially retiring the aircraft from its fleet. As the airline bids farewell to a type that supported a key phase of growth and innovation, it now e... Read More »
Wednesday September 10, 2025
© Lufthansa Technik
Lufthansa Technik recently marked the induction of the 100th CFM LEAP engine at its Hamburg, Germany headquarters. The latest Quick Turn Shop Visit (QTSV) of a LEAP-1B engine from Brazilian carrier GOL Linhas Aéreas brought the total to the much-anticipated t... Read More »
Wednesday September 10, 2025
P&WC
Pratt & Whitney Canada (P&WC), has been chosen by the European Union’s Clean Aviation Joint Undertaking (Clean Aviation) to lead the Powerplant Hybrid Application REgional Segment (PHARES) project. This represents the first occasion on which a Canadi... Read More »
Tuesday September 9, 2025
GA Telesis
GA Telesis, has announced its successful role as arranger and ongoing servicer in the acquisition of sixteen aircraft leased to airlines across the Americas, Europe, Africa and Asia from subsidiaries of Merx Aviation. This acquisition is in association with af... Read More »
Tuesday September 9, 2025
Greg Mays ATSG
Air Transport Services Group (ATSG), has announced the appointment of Greg Mays as President for the company’s commercial and operations teams. Mays is a seasoned aviation executive with a track record of delivering growth and operational excellence. As Exec... Read More »
Tuesday September 9, 2025
Joby Aviation
Joby Aviation has announced a first-of-its-kind demonstration of its autonomous flight technology. As part of Resolute Force Pacific (REFORPAC), a Department-level exercise led by Pacific Air Forces (PACAF), the company successfully demonstrated and validated ... Read More »
Tuesday September 9, 2025
VÆRIDION
VÆRIDION, the Munich-based all-electric aircraft manufacturer, has announced the securing of its first battery manufacturing facility at Oberpfaffenhofen Airport. The site is scheduled to become operational in the first quarter of 2026 and represents a signif... Read More »
Tuesday September 9, 2025
PT6 engine Gama Aviation
Gama Aviation Engineering has announced the signing of a new Premium Service Provider Agreement with Pratt & Whitney Canada Customer Service Centre Europe. The agreement formally designates Gama Aviation as an authorised service provider for the PT6A engin... Read More »
Tuesday September 9, 2025
Avelo Airlines AirTeamImages
Avelo Airlines has announced the finalisation of a new funding round, marking a turning point in its trajectory. This is the largest capital injection since its initial Series A and is intended to support the airline’s expansion in domestic and Caribbean mar... Read More »
Monday September 8, 2025
ATR 72-600 SUM Air
Avation has announced the signing of a lease agreement with South Korean airline SUM Air for the delivery of a new ATR 72-600 aircraft. The aircraft is part of Avation’s firm order for ten ATR 72-600s placed in 2024 under its long-term purchase contract with... Read More »
Monday September 8, 2025
Condor A320 AirTeamImages
CrossConsense has announced the successful completion of a major AMOS-to-AMOS data migration project for Condor. The AMOS Pro initiative represents an important milestone in the airline’s digital transformation journey. The project involved transferring data... Read More »
AviTrader aviation news

2025 MEDIA KIT

VP Sales & Business Development Americas
Tamar Jorssen
tamar.jorssen@avitrader.com
Phone: +1 (778) 213 8543
VP International Sales & Marketing
Malte Tamm
malte.tamm@avitrader.com
Phone: +49 (0)162 8263049

Subscribe to the most widely accepted news source in the aviation industry!


Free Daily, Weekly and MRO Publications delivered to your Inbox!
News Alerts, Editorials, Marketplace, Executive Interviews +more

Select publications:

*we respect your privacy and AviTrader will not share your email address to any 3rd Parties.