Airbus Net Profit Up 15% In “Solid” 2015

Airbus has posted an annual net profit of €2.7bn ($2.9bn) for 2015, a rise of 15 per cent from the €2.3bn ($2.5bn) it reported in 2014.

Airbus has posted an annual net profit of €2.7bn ($2.9bn) for 2015, a rise of 15 per cent from the €2.3bn ($2.5bn) it reported in 2014.

In its full-year results published on Wednesday (February 24), the Toulouse-based OEM said group revenues in its commercial aircraft division rose by eight per cent year-on-year to €45.8bn ($50.5bn).

However, net commercial aircraft orders fell 1,080 from the previous year’s 1,456.

Airbus chief executive Tom Enders described the results as “solid” and revealed that the firm also plans to increase the A330 production rate back to seven aircraft per month from January 2017.

Airbus currently has the aircraft, which received 136 net orders in 2015, on a production schedule of six per month.

 

 

 

 

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