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Airbus A320neo

A320 provides Airbus with a jump in profits

Airbus A320neo

© Airbus

With the large turnover of the medium-range jet A320neo, the aircraft manufacturer Airbus was able to increase both revenues and profits significantly, exceeding analysts' estimates. Turnover climbed by 23 percent to 18.3 billion euros. Adjusted operating profit even increased by 72 percent to EUR 1.98 billion. Airbus CEO Guillaume Faury is accordingly optimistic about the future and expects to deliver between 880 and 890 aircraft this year.

 

 (career.aero, dpa)

Aug 1, 2019

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