POST Online Media Lite Edition


Airbus Q1 revenues decreased

Christian Fernsby |
Airbus reported consolidated financial results for its first quarter ended 31 March 2020.

Article continues below

Topics: AIRBUS   

Consolidated revenues decreased to € 10.6 billion (Q1 2019: € 12.5 billion), reflecting the difficult market environment impacting the commercial aircraft business with 40 less deliveries than a year earlier, partly offset by a better mix and more favourable foreign exchange environment.

A total of 122 commercial aircraft were delivered (Q1 2019: 162 aircraft), comprising 8 A220s, 96 A320 Family, 4 A330s and 14 A350s.

Airbus Helicopters delivered 47 rotorcraft (Q1 2019: 46 units) with its 19% increase in revenues reflecting the favourable delivery mix and growth in services.

Revenues at Airbus Defence and Space were stable year-on-year.

One A400M transport aircraft was delivered in the quarter.

What to read next

Elbit Systems Q4 revenues increased to $886.6 million
Elbit Systems Q4 consolidated results $850.3 million
Elbit Systems Q4 revenues $1,009.6 million