Airbus Announce Solid Q3 Performance

DALLAS – Airbus has announced its adjusted earnings for the third quarter of 2022, increasing profits to €599 million (US$596 million). For the first nine months of the year, revenues had also increased by 5% to €2.87 billion (US$2.85 billion).

Revenues for its commercial aircraft business also rose 8% to €26.6 billion (US$26.4 billion) for the first nine months of 2022. Airbus said this was mainly due to ‘the higher number of deliveries including a favourable mix and the strengthening of the US dollar.’

Airbus recently delivered its 500th A350. Photo: Daniel Gorun/Airways.

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Source:: “Airways Magazine”

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