Airbus Soars in 2024 with Record Profits, Outperforming Boeing's Struggles

February 20, 2025
Airbus Soars in 2024 with Record Profits, Outperforming Boeing's Struggles
  • Airbus anticipates around 820 commercial aircraft deliveries in fiscal 2025, following the delivery of 766 aircraft in 2024.

  • Despite Airbus's current market dominance, challenges from shared suppliers like Latecoere and Spirit AeroSystems, which are struggling due to Boeing's issues, are impacting Airbus's production capabilities.

  • Guillaume Faury, CEO of Airbus, confirmed that the company met its 2024 forecasts despite a challenging year, citing strong demand for their products and services.

  • In stark contrast, Boeing faced significant losses with a net loss of $11.82 billion in 2024, its largest since 2020, due to production quality issues and a lengthy strike.

  • Airbus announced positive annual results for the 2024 fiscal year on February 20, 2025, highlighting a strong performance compared to Boeing.

  • Airbus's revenue rose by 6% to €69.2 billion in 2024, reflecting robust growth in its core business of passenger transport aircraft.

  • In 2024, Airbus dominated the market, selling two-thirds of the aircraft globally, while Boeing's deliveries plummeted to 348 aircraft, the lowest since 2021.

  • In the space sector, Airbus faced challenges with a €300 million charge in Q4 2024 for its satellite division, leading to a total of €1.3 billion in provisions for the year.

  • The company reported a 12% increase in net profit to €4.2 billion, driven by strong demand for aircraft, nearly matching its record performance in 2022.

  • Operational profit rose by 15% in 2024, totaling €5.3 billion, although adjusted profit, excluding program provision charges, fell by 8% to €5.35 billion.

  • Airbus's Board of Directors will propose a 2024 dividend of 2.00 euros per share, an increase from last year's 1.80 euros per share, along with a special dividend of 1.00 euro per share.

Summary based on 6 sources


Get a daily email with more EU News stories

More Stories