Aviation
Commercial /
Europe
Airbus Q1
Company released its results related to the first three months of 2021
Airbus A319 da Latam
Por Rafael Luiz Canossa - A319, CC BY-SA 2.0, via Wikimedia Commons
Rafael Ramos
4/29/2021
Airbus released today (April 29) its results for the first three months of 2021 (Q1), showing a net profit of 362 million euros.
The health crisis caused by the coronavirus and the consequent restrictions to try to curb the spread of the virus have severely affected the aviation sector, however, with the advance of immunizations and the loosening of some restrictions, the company has shown a good recovery.
The good results in the first quarter reflect the performance of commercial aircraft delivery, cost and cash containment, progress with the restructuring plan, positive contributions from the helicopter and defense and space divisions, said Airbus CEO Guillaume Faury. The challenges of the crisis continue, and the CEO commented a little on that.
Airbus A319 da Delta Airlines
Por redlegsfan21 from Vandalia, OH, United States - N319NB, CC BY-SA 2.0, via Wikimedia Commons
“The first quarter shows that the crisis is not over for our sector and that the market remains uncertain. We are investing in innovation and in transforming our company to fulfill our long-term ambitions across the portfolio ”.
Consolidated revenues were very close to those of the same period in 2020 (10.46 billion euros in Q1 2021 and 10.63 billion euros in 1Q 2020, representing a decrease of 2%). In total, 125 aircraft were delivered, compared to 122 in the same period last year.
Gross orders for commercial aircraft totaled 39 in Q1 2021, compared to 356 in Q1 2020) before cancellations. However, after cancellations, net orders for commercial aircraft were -61 compared to 290 for Q1 2020. The order backlog comprised 6,998 aircraft in Q1 2021. Thus, the revenue generated by commercial aircraft was 4% lower.
Posição consolidada da Airbus no Q1
Divulgação/Airbus
Airbus Defense and Space had 13% more in net orders, keeping revenue stable compared to last year, while the helicopter division registered 40 net orders (compared to 54 units in the first three months of 2020), reflecting the lower demand for civilian helicopters.
Expenditure in P
Pedidos líquidos da Airbus no Q1
Divulgação/Airbus
Hyperlinks:
https://www.airbus.com/investo...
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Rafael Ramos
Aviation enthusiast from an early age, he had his first contacts with the area developing that good old habit of spending dozens of hours in front of the screens of Micrsoft Flight Simulator and other simulators. With a solid background in various technological areas, including engineering and chemistry, Rafael has rejoined aviation as editor and author of articles and materials on our portal, providing invaluable help to the dynamics and expansion of the website and the aeronautical community, bringing us the news and updates so indispensable for us to remain current in our area of operation.
   
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