Russian mountains. The historic air pocket caused by the health crisis seems far behind Airbus. The aircraft manufacturer unveiled this Thursday a net profit of 4.2 billion euros, quite simply the largest in its history.
Guillaume Faury, the manufacturer’s boss, attributes these “remarkable” results to the increase in deliveries of commercial aircraft (611, up 8%) compared to the dark year 2020 and to “the good performance” of space activities and defence, and “focus on cost reduction and competitiveness”.
This announcement seems to validate the strategy adopted by Airbus at the start of the health crisis. As of April 2020, the aircraft manufacturer had drastically reduced its production and announced 15,000 job cuts without dry layoffs, with finally on arrival some 10,000 effective departures. A little less than two years later, the group plans to make 6,000 recruitments in 2022.
The only downside, the financial results include new additional costs of 212 million euros for the A400M program, its military transport aircraft.