Europe-headquartered global aircraft manufacturer, Airbus, released its Half-Year (H1) 2023 results showing progress across its business units.

“During the first half of 2023 we progressed well across our businesses in an operational environment that remains complex. Our commercial aircraft are in strong demand, as demonstrated by more than 800 orders announced at the Paris Air Show. This demand is driven both by growth and fleet replacement as airlines invest in more fuel efficient fleets,” said Guillaume Faury, Airbus Chief Executive Officer. “Based on this H1 performance, we maintain our 2023 guidance.”

Highlights:

On Orders and Deliveries

• Gross commercial aircraft orders totalled 1,080 (H1 2022: 442 aircraft) with net orders of 1,044 aircraft after cancellations (H1 2022: 259 aircraft)
• Order backlog amounted to a record 7,967 commercial aircraft at the end of June 2023
• Airbus Helicopters registered 131 net orders (H1 2022: 163 units) which were well spread across programmes and included 19 H160s
• 316 commercial aircraft were delivered (H1 2022: 297 aircraft)
  • 25 A220s
  • 256 A320 Family
  • 14 A330s
  • 21 A350s
• Helicopters’ deliveries increased to 145 units (H1 2022: 115 units), mainly driven by the Light helicopter segment
• Three A400M military airlifters were delivered in H1 2023

On Production – Narrowbody

• A220 programme is continuing towards a monthly production rate of 14 aircraft in the middle of the decade
• A320 Family programme is progressing well towards the previously announced rate of 75 aircraft per month in 2026
• A321XLR’s flight test programme is progressing towards the expected entry-into-service in Q2 2024
• The recent inauguration of a new A321 capable final assembly line in Toulouse is the latest concrete milestone in the development of Airbus’ global industrial system

On Production – Widebody

• Continues to target rate 4 for the A330 in 2024
• Continues to target rate 9 for the A350 at the end of 2025

2023 Outlook

• 720 commercial aircraft deliveries

Source: Airbus
Photo Credit: Airbus (shown as meta image)