{"id":20334,"date":"2022-05-06T16:33:32","date_gmt":"2022-05-06T11:03:32","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=20334"},"modified":"2022-05-06T16:33:35","modified_gmt":"2022-05-06T11:03:35","slug":"airbus-reports-first-quarter-profits-confirms-increased-a320-output","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2022\/05\/06\/airbus-reports-first-quarter-profits-confirms-increased-a320-output\/","title":{"rendered":"Airbus reports first quarter profits, confirms increased A320 output"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Despite a <strong>challenging geopolitical and economic environment, <\/strong>Airbus posted solid financial performance for the first quarter ended March 31, 2022. <\/p>\n\n\n\n<p>To meet customer demand, the European manufacturer stated it will <strong>expand monthly production rates from 65 A320 family aircraft<\/strong> in summer 2023 to 75 in summer 2025. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/airbus_logo_in_a_blue_sky-1024x682.jpg\" alt=\"Despite a challenging geopolitical and economic environment, Airbus posted solid financial performance. \" class=\"wp-image-20335\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/airbus_logo_in_a_blue_sky-1024x682.jpg 1024w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/airbus_logo_in_a_blue_sky-600x400.jpg 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/airbus_logo_in_a_blue_sky-300x200.jpg 300w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/airbus_logo_in_a_blue_sky-768x512.jpg 768w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/airbus_logo_in_a_blue_sky-1536x1024.jpg 1536w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/airbus_logo_in_a_blue_sky-750x500.jpg 750w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/airbus_logo_in_a_blue_sky-1140x760.jpg 1140w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/airbus_logo_in_a_blue_sky.jpg 2000w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption>Courtesy to Aerotime <\/figcaption><\/figure>\n\n\n\n<ul class=\"wp-block-list\"><li>The European manufacturer recorded revenues of \u20ac12 billion for the quarter, up from \u20ac10 billion the year before. <\/li><li>Despite substantial disruptions in air travel caused by the COVID-19 epidemic, Russia&#8217;s invasion of Ukraine, and the resulting export control restrictions and international sanctions, consolidated net income increased from \u20ac362 million in Q1 2021 to \u20ac1.22 billion in Q1 2022. <\/li><\/ul>\n\n\n\n<p><strong>Guillaume Faury, Airbus chief executive officer<\/strong>, confirmed that the company would progressively ramp up A320 production in the next three years.<\/p>\n\n\n\n<pre class=\"wp-block-verse has-text-align-center\">\"We see continued robust growth in commercial aircraft demand driven by the A320 Family through 2022,\" Faury said.  <\/pre>\n\n\n\n<blockquote class=\"wp-block-quote has-text-align-center is-layout-flow wp-block-quote-is-layout-flow\"><p>\u201cAs a result we are now working with our industry partners to increase A320 Family production rates further to 75 aircraft a month in 2025. <\/p><p><strong>This ramp-up will benefit the aerospace industry\u2019s global value chain.<\/strong>\u201d<\/p><\/blockquote>\n\n\n\n<p>As a reminder, Airbus was only producing <strong>45 A320 aircraft per month <\/strong>at the end of 2021. <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"512\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/Airbus-1024x512.jpg\" alt=\"\" class=\"wp-image-20336\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/Airbus-1024x512.jpg 1024w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/Airbus-600x300.jpg 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/Airbus-300x150.jpg 300w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/Airbus-768x384.jpg 768w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/Airbus-360x180.jpg 360w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/Airbus-750x375.jpg 750w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/Airbus-1140x570.jpg 1140w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2022\/05\/Airbus.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption> Image credits &#8211; BOLnews<\/figcaption><\/figure>\n\n\n\n<p>However, the firm still faces one major challenge.<\/p>\n\n\n\n<p> <a href=\"http:\/\/Airbus.com\">Airbus<\/a> announced a delay in the development of the <strong>A321XLR<\/strong> on April 4, 2022, with an entry into service date set for early 2024. <\/p>\n\n\n\n<p>The European Union Aviation Safety Agency is in <strong>negotiations<\/strong> with Airbus about making improvements to a <strong>lower-fuselage design <\/strong>that could cause fires. <\/p>\n\n\n\n<p>Stay Tuned and Informed with us!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite a challenging geopolitical and economic environment, Airbus posted solid financial performance. <\/p>\n","protected":false},"author":2,"featured_media":20336,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[399],"tags":[197,5859,5858,5857,5860,2746],"class_list":{"0":"post-20334","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-featured","8":"tag-airbus","9":"tag-economy","10":"tag-finance","11":"tag-first-quarter-profits","12":"tag-guillaume-faury","13":"tag-profit"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/20334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=20334"}],"version-history":[{"count":1,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/20334\/revisions"}],"predecessor-version":[{"id":20337,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/20334\/revisions\/20337"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/20336"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=20334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=20334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=20334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}