Global – Airbus SE has reported its First Quarter (Q1) 2026 financial results for the period ending 31 March 2026, delivering 114 commercial aircraft — down from 136 in Q1 2025 — while recording strong order intake of 408 gross commercial aircraft orders (398 net after cancellations), bringing the total order backlog to 9,037 aircraft.
- Q1 2026 commercial aircraft deliveries comprised 19 A220s, 81 A320 Family, 3 A330s, and 11 A350s. Consolidated revenues decreased 7% year-on-year to EUR 12.7 billion, with commercial aircraft revenues down 11% to EUR 8.4 billion, reflecting lower deliveries and US dollar depreciation.
- EBIT Adjusted for commercial aircraft decreased to EUR 81 million (Q1 2025: EUR 494 million), driven by the lower deliveries and an unfavorable hedge rate.
- Pratt & Whitney remains the key pacer of the A320 Family ramp-up trajectory, impacting both 2026 and 2027. Airbus continues to expect to reach a production rate of between 70 and 75 A320 Family aircraft per month by the end of 2027, stabilizing at rate 75 thereafter.
- The A220 ramp-up is ongoing, targeting a monthly production rate of 13 aircraft by 2028. The A330 program targets rate 5 by 2029, and the A350 program targets rate 12 by 2028.
- Airbus maintains its full-year 2026 guidance of approximately 870 commercial aircraft deliveries, EBIT Adjusted of approximately EUR 7.5 billion, and free cash flow before customer financing of approximately EUR 4.5 billion. The guidance assumes no additional disruptions to global trade, the world economy, air traffic, or the supply chain.
- Airbus Helicopters delivered 56 units in Q1 2026 (Q1 2025: 51 units), with net orders of 79 units and an order backlog of 1,060 units at the end of March 2026.
- Order intake at Airbus Defence and Space increased to EUR 5.0 billion (Q1 2025: EUR 2.6 billion), mostly driven by the Air Power business unit, with revenues up 7% year-on-year to EUR 2.8 billion.
Statements
- "The Q1 results reflect the lower level of commercial aircraft deliveries and a strong performance in our Defence and Space division. The operating environment remains dynamic and complex. We are closely monitoring the potential impact from the fast-changing situation in the Middle East. In commercial aircraft, we continue to ramp up and produce as per our plan while navigating the shortage of Pratt & Whitney engines. In defence, the focus remains on serving global demand by ramping up production across our portfolio of products and services. Against this backdrop, our guidance for 2026 is unchanged," said Guillaume Faury, CEO at Airbus.
Source: Airbus
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