STORY: Airbus noticed stronger-than-expected working revenue final 12 months.
The planemaker confirmed Thursday (February 16) it was up near $6 billion – 16% larger than a 12 months earlier than.
Revenues rose 13% to only beneath $63 billion.
It was pushed by larger deliveries in comparison with 2021 and a powerful greenback.
The French-led group now goals for adjusted working revenue of $6.4 billion in 2023.
Airbus delivered 661 jets final 12 months – up 8%, however nicely beneath its authentic goal of 720 items.
The agency blamed that on a difficult working setting which harm provide chains.
It has additionally slowed its plan to ramp-up manufacturing of its best-selling fashions this 12 months.
Airbus pushed its goal to make 65 of its workhorse A320neo-family jets a month to the top of subsequent 12 months.
The intention to construct 75 a month was additionally pushed from the center of the last decade to 2026.
Airbus head Guillaume Faury stated the group was adapting manufacturing to match provide.
Industry sources stated final month Airbus’ supply objective for this 12 months might not exceed 720 jets.