Airbus reports FY22 revenue EUR 58.8B, EBIT adjusted up 16% to EUR 5.6B

Consolidated revenues increased 13 percent to EUR 58.8 billion. A total of 661 commercial aircraft were delivered, comprising 53 A220s, 516 A320 Family, 32 A330s and 60 A350s. Consolidated EBIT Adjusted – an alternative performance measure and key indicator capturing the underlying business margin by excluding material charges or profits caused by movements in provisions related to programs, restructuring or foreign exchange impacts as well as capital gains/losses from the disposal and acquisition of businesses – increased to EUR 5,627 million. Gross commercial aircraft orders increased to 1,078, with net orders of 820 aircraft after cancellations corresponding to a net book-to-bill ratio significantly above 1. The order backlog amounted to 7,239 commercial aircraft at the end of 2022. Consolidated order intake by value increased to EUR 82.5 billion with the consolidated order book valued at EUR 449 billion at the end of 2022. "The industry continued its recovery during 2022, with air traffic increasing and airlines turning to their long-term fleet planning. We delivered solid financials despite an adverse operating environment that prevented our supply chain from recovering at the pace we expected. The Company had to adjust its operations accordingly, which led to lower commercial aircraft deliveries than originally planned. We are adapting our production to match supply," said Guillaume Faury, Airbus CEO.