Airbus has reported consolidated internet earnings of €362 million for the primary quarter of 2021, in comparison with a internet lack of €481 million for a similar interval final yr.

Consolidated reported earnings per share stood at €0.46 for the primary quarter, up from a lack of €0.61 per share final yr.

“The nice quarter one outcomes primarily mirror our business plane supply efficiency, value and money containment, progress with the restructuring plan in addition to constructive contributions from our helicopter and defence and area actions,” stated Airbus chief government, Guillaume Faury.

“The primary quarter exhibits that the disaster is just not but over for our business, and that the market stays unsure.

“We’re investing in innovation and within the transformation of our firm to ship on our long-term ambitions throughout the portfolio.”

Airbus acquired orders for a complete of 39 business planes over the primary three months of the yr, dramatically down from the 356 recorded within the first quarter final yr.

All however one of many new orders had been for single-aisle plane.

Nevertheless, the producer nonetheless has an order backlog comprising 6,998 plane.

Consolidated revenues for the primary quarter had been broadly secure year-on-year, standing at €10.5 billion, in comparison with €10.6 billion final yr.

Source link