Airbus financial revenue up 13% despite withdrawal from Russia

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At the end of 2022, the international aircraft manufacturer Airbus’s net profit rose 1% to €4.2 billion, while 12-month total revenue increased further by 13% to €58.7 billion despite the pullback. from the Russian market, says in the aircraft manufacturer’s annual financial report.

“Consolidated revenue rose 13% to €58.8 billion (2021 – €52.1 billion) <….> Consolidated net income was €4,247 million (2021: €4,213 million),” the company said in a press release.

Over the past financial year, the concern has also increased commercial deliveries of aircraft. The report concludes that the company shipped a total of 661 aircraft to its customers in 12 months, 8% more than in the same period in 2021.

December 2, Airbus Defense & Space CEO Michael Schollhorn declarationThat Airbus will abandon Russian titanium in aircraft production in a few months. In the medium term, the company plans to replace the supply of this metal from the Russian Federation by increasing imports from the USA and Japan.

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