Engine shortages impact A320 ramp up plans despite strong year
Airbus has reported higher profits and increased aircraft deliveries for 2025, while confirming engine supply delays are affecting its A320 production ramp-up.
The company delivered 793 commercial aircraft during the year, up from 766 in 2024. Revenues increased 6% to €73.4 billion.
Adjusted earnings before interest and tax rose 33% to €7.1 billion, compared with €5.35 billion in 2024. Reported net income was €5.22 billion, with earnings per share of €6.61.
Free cash flow before customer financing totalled €4.6 billion.
Chief Executive Guillaume Faury said: “2025 was a landmark year, characterised by very strong demand for our products and services across all businesses, a record financial performance, and strategic milestones. We successfully navigated a complex and dynamic operating environment to deliver on our updated guidance.
“Global demand for commercial aircraft underpins our ongoing production ramp-up, which we are managing while facing significant Pratt & Whitney engine shortages. The broad and competitive portfolios of Defence and Space as well as Helicopters allow us to capture the momentum in defence. We are also making progress to establish a new global industrial space player, together with our partners. These 2025 results and the confidence in our future financial performance support the proposed higher dividend payment.”
Airbus said it now expects to reach a production rate of between 70 and 75 A320 Family aircraft a month by the end of 2027, compared with a previous target of 75 a month. It said production would stabilise at 75 thereafter.
In its results statement, the company said: “Pratt & Whitney’s failure to commit to the number of engines ordered by Airbus is negatively impacting this year’s guidance and the ramp-up trajectory.”
Gross commercial aircraft orders totalled 1,000 in 2025, with net orders of 889 after cancellations. The year-end backlog stood at 8,754 aircraft.
The Board of Directors will propose a dividend of €3.20 per share at the Annual General Meeting on 14 April 2026, with payment proposed for 23 April 2026.
For 2026, Airbus said it is targeting around 870 commercial aircraft deliveries, adjusted EBIT of around €7.5 billion and free cash flow before customer financing of around €4.5 billion.
Airbus employs around 4,500 staff at its wing manufacturing site in Broughton, Flintshire, where wings for both wide-body and narrow-body aircraft are produced.
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