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Aerospace News – Early February 2024

Estimated reading time 1 minute

Airbus, the European aircraft manufacturer with key operations in the North West and South West, increased revenues and earnings in 2023 and is forecasting bigger earnings for the current financial year.

The group, which employs 5,000 staff at its wing making plant in Broughton, near Chester, and around 3,000 staff at its Filton plant in Bristol, reported annual results for 2023 today, and guidance for the current financial year in which it aims to achieve adjusted EBIT of between €6.5bn and €7bn.

During 2023, consolidated revenues increased 11% year-on-year to €65.4bn (2022: €58.8bn). A total of 735 commercial aircraft were delivered (2022: 661 aircraft), comprising 68 A220s, 571 A320 Family, 32 A330s and 64 A350s.

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