The recovery is spectacular.
So does financial performance.
“
2021 has been a remarkable year as evidenced by the robustness of our financial results, which reflect the improvement in our aircraft deliveries as well as our continued efforts to reduce costs as well as a historic net income of 4.2 billion dinars. 'euros
,' commented Guillaume Faury, Executive Chairman of Airbus, presenting yesterday the results of the past year.
Read alsoAirbus: record net profit of 4.2 billion euros in 2021
In air markets still affected by the Covid-19 pandemic, Airbus avoided air pockets while its only competitor, the American Boeing, entangled in the industrial problems of the 737 Max and the 787 Dreamliner, suffered a net loss of $4.1 billion.
While Airbus broke its 2018 record (3.1 billion net profit) while delivering nearly 25% fewer aircraft.
In 2021, the manufacturer handed over 611 aircraft, 45 more than in 2020, to airlines.
Which means that the production system, in…
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