Airbus’ 2024 Performance Overview
?? Delivery Target: Airbus expects a 7% increase in aircraft deliveries, aiming for 820 jets in 2025 despite supply chain disruptions.
? Financials:
Adjusted Operating Income: €5.35B (-8% YoY)
Revenue: €69.23B (+6% YoY)
Q4 Revenue: €24.72B (met expectations)
Q4 Operating Profit: €2.56B (aligned with analyst forecasts)
? Challenges in Space & Defense: Airbus took a €300M charge for its troubled Space business and flagged risks to the A400M military transport program due to slow sales.
Production & Supply Chain Issues
? A350 Freighter Delayed – Airbus confirmed setbacks in its cargo aircraft program.
?? Ongoing Supply Chain Issues:
Delays in A320 & A350 production due to Spirit AeroSystems (NYSE:SPR) disruptions.
Spirit is being split between Airbus & Boeing (NYSE:BA) amid restructuring efforts.
? 2023 Deliveries: Airbus delivered 766 jets, nearly meeting its target, but supply chain constraints remain a concern.
? Despite these challenges, Airbus maintained its medium-term output targets, signaling confidence in future recovery.
? Key Takeaways
? Airbus forecasts 7% delivery growth in 2025 (~820 jets).? A350 freighter program faces delays due to supply chain issues.? €300M charge taken for space division; A400M military jet future uncertain.? Airbus’ revenue grew 6% YoY to €69.23B despite supply chain pressures.? Short-term production constraints persist, but medium-term targets remain intact.
? Track Airbus’ Financials & Growth Trends with FMP
