Airbus reported consolidated financial results for the Half-Year (H1) ended 30 June 2025. Gross commercial aircraft orders totalled 494 (H1 2024: 327 aircraft) with net orders of 402 aircraft after cancellations (H1 2024: 310 aircraft). The order backlog amounted to 8,754 commercial aircraft at the end of June 2025.
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Airbus Helicopters registered net orders totalling 171 units (H1 2024: 233 units), which were well spread across the product range. Order intake by value at Airbus Defence and Space totalled € 5.1 billion (H1 2024: € 6.1 billion).
Consolidated revenues increased 3% year-on-year to € 29.6 billion (H1 2024: € 28.8 billion). A total of 306 commercial aircraft were delivered (H1 2024: 323 aircraft), comprising 41 A220s, 232 A320 Family, 12 A330s and 21 A350s. Revenues generated by Airbus’ commercial aircraft activities decreased 2% to € 20.8 billion, mainly reflecting the lower number of deliveries. Airbus Helicopters’ revenues increased by 16% to € 3.7 billion, reflecting a solid performance from programmes and growth in services.
Helicopter deliveries totalled 138 units (H1 2024: 124 units). Revenues at Airbus Defence and Space increased 17% year-on-year to € 5.8 billion, driven by higher volumes across all its business lines.
The A320 Family programme continues to ramp up towards a rate of 75 aircraft per month in 2027. The A330 programme is currently stabilising at a monthly production rate of 4 aircraft and in order to meet customer demand the Company now targets rate 5 in 2029. Specific supply chain challenges, notably with Spirit AeroSystems, are putting pressure on the ramp up of the A350 and the A220. The Company continues to target rate 12 for the A350 in 2028 and a monthly A220 production rate of 14 aircraft in 2026.
Airbus is making good progress on the acquisition of certain Spirit AeroSystems work packages. While the expected closing date is now shifting into Q4 2025 due to ongoing regulatory approvals, all parties are putting the necessary efforts into the closing process.
Airbus Helicopters’ EBIT Adjusted increased to € 249 million (H1 2024: € 230 million), reflecting the growth in services and higher deliveries but with a less favourable mix. EBIT Adjusted at Airbus Defence and Space amounted to € 265 million (H1 2024: € -807 million), supported by higher volumes and improved profitability across all business lines.
Outlook
As the basis for its 2025 guidance, the Company excludes the impact of tariffs on its business. The Company’s 2025 guidance includes the impact of the integration of certain Spirit AeroSystems work packages based on preliminary estimates and an assumed closing in the fourth quarter of 2025. The Company assumes no additional disruptions to global trade or the world economy, air traffic, the supply chain, its internal operations and ability to deliver products and services.
On that basis, Airbus targets to achieve in 2025:
– Around 820 commercial aircraft deliveries;
– EBIT Adjusted of around € 7.0 billion;
– Free Cash Flow before Customer Financing of around € 4.5 billion.
