Airbus’ 2023 H1 results demonstrate strong demand

Airbus recorded an 11% total revenue increase year on year to €27.7bn ($30.5bn) in the first half (H1) of 2023 compared to €24.8bn ($27.37bn) in H1 2022.

2023 demonstrates a period of high demand with gross commercial aircraft orders in H1 2023 totalling 1,080 in comparison to 442 aircraft in H1 2022.

Airbus delivered a total of 316 aircraft in H1, comprising 25 A220s, 256 A320s, 14 A330s and 21 A350s.

According to Airbus 2023 guidance, they have targets of 720 commercial aircraft deliveries, an EBIT adjusted of €6bn and a free cash flow before M&A and customer financing of €3bn.

Avation PLC (LON:AVAP) is a commercial passenger aircraft leasing company owning a fleet of aircraft which it leases to airlines across the world. Avation’s future focus are new technology low CO2 emission aircraft.

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