Airbus reports strong 2023 financial results with surge in aircraft orders

Airbus presented its consolidated financial results for 2023 while outlining its guidelines for the current year. First and foremost, gross orders for commercial aircraft soared to a total of 2,319, a substantial increase from 1,078 in 2022. Net orders reached 2,094 after cancellations (compared to 820 the previous year), contributing to a backlog of 8,598 aircraft. Airbus Helicopters also reported 393 net orders (2022: 362 units). 

Guillaume Faury, CEO of Airbus, expressed satisfaction with the company’s performance, highlighting the substantial influx of orders and deliveries in a complex operating environment.

The orders are valued at €186.5 billion, resulting in a consolidated backlog of €554 billion. In that vein, revenues experienced a year-on-year increase of 11%, reaching €65.4 billion.

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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