![\"\"](\"https:\/\/www.europesays.com\/netherlands\/wp-content\/uploads\/2026\/07\/Segment-results.jpg\")
<\/a><\/p>\nSource: Airbus<\/p>\n
With the exception of Airbus Helicopters, which posted relatively flat revenue and dipped slighting in adjusted EBIT (down 4%, year-over-year), Airbus commercial and Defense & Space showed marked improvements over the same period last year.<\/p>\n
EBIT reported and adjusted were almost identical year over year, at \u20ac2.7 billion. (Adjusted EBIT is a measure which generally excludes material charges or profits not related to normalized production.)<\/p>\n
Commercial catch up<\/p>\n
Airbus delivered 237 aircraft during the second quarter, a record for the period, according to Faury.<\/p>\n
He also reiterated that 870 deliveries (plus or minus 20 aircraft) would be considered a successful year. The previous high-water mark was 863 deliveries in 2019, so the company\u2019s full year delivery totals have reached similar heights before.<\/p>\n
Results on the order front were equally strong, doubling the backlog generated in the second quarter of 2025. The book-to-bill ratio was 2.3X.<\/p>\n
Source: Airbus <\/p>\n From quarter-to-quarter, Airbus generated \u20ac15.4 billion in revenue, compared with revenue of \u20ac8.44 billion in the first quarter 2026, and adjusted EBIT of \u20ac1.9 billion (versus a paltry \u20ac81 million). It truly was a turnaround period for Airbus\u2019 commercial division.<\/p>\n As of June 30, the total backlog stood at more than 9,200 aircraft, stretching production far into the next decade. 7,467 of those unfilled orders are for A320neo family aircraft, with approximately 75% of those consisting of the A321neo variant.<\/p>\n The A350 Freighter is on schedule to have its first flight later this year. Flight testing, certification and entry-into-service is all expected to occur in 2027, with a production ramp-up in 2028.<\/p>\n More broadly across commercial programs, panel issues (interiors), administrative delays (with China) and engine snarls (with Pratt & Whitney) have all largely be resolved.<\/p>\n \u201cWe have no gliders in the sense of aircraft not being delivered solely because of engines. So we are in a normalized situation,\u201d Faury said in response to an analyst question about engine delays. \u201cWe\u2019ll continue to get from Pratt & Whitney for 2026, 2027 and beyond, the number of engines that have been finally agreed and which are the current basis for the 2026 delivery guidance and consistent with the midterm targets.\u201d<\/p>\n This is welcome news for the A220 program (sole supplier) and A320neo (dual supplier, along with the CFM LEAP), which rely on P&W\u2019s geared turbofan (GTF) engines.<\/p>\n Production ramp up<\/p>\n After a dismal first quarter which was hampered by supplier snags\u2014most notably the P&W GTF powered-metal coating saga, Airbus confirmed its targeted production timeline:<\/p>\n A220 delivering 13 per month in 2028 The A320neo rate is expected to stabilize at 75 per month thereafter, before any changes.<\/p>\n For those keeping score, by 2028 Airbus projects to deliver 100 jets per month and a whopping 1,200 per year. The most any commercial OEM has ever handed over was just over 860 airframes.<\/p>\n By hitting those rates, one could see the logic behind the lofty projections of \u20ac12-\u20ac13 of adjusted EBIT for the full year of 2029, with over 80% of that coming from commercial. Such is the need for Airbus aircraft.<\/p>\n \u201cWe continue to target rate 12 [on the A350] in 2028,\u201d Faury said. \u201cOur target ramp-up rates for our widebodies have not changed, [with a] strong market demand that could support even more.\u201d<\/p>\n Faury declined to comment on plans to open another final assembly line, which would be needed to move beyond 12 A350s per month.<\/p>\n The final piece of the puzzle were details regarding the integration of the Airbus portion of Spirit Aerosystems for the A220 and A350 programs.<\/p>\n Accordingly, nothing out of the ordinary has occurred and the process is progressing as expected, with \u20ac123 million spent that relates to the integration of former Spirit AeroSystems work packages.<\/p>\n Airbus Helicopters\u00a0<\/p>\n The company\u2019s rotorcraft division was fairly quiet during the quarter, with a slight uptick in deliveries, flat revenue and a small drop in EBIT.<\/p>\n Source: Airbus<\/p>\n Providing modest margins of 6.5% on revenue of \u20ac3.7 billion, there were some positive signs for the division.<\/p>\n \u201cMargins are increasing in the second half of the year relative to the first,\u201d said chief financial officer Thomas Toepfer.<\/p>\n Contributing only 11% of total company revenue, it is important that the division does not venture into red-ink territory and remains profitable.<\/p>\n Defense and Space Growth<\/p>\n Given the current geopolitical climate, the division is on an upward trajectory and projects to remain so for the foreseeable future.<\/p>\n Second-quarter order intake almost doubled over the same period of last year. Revenue grew 9% and EBIT jumped 237% year over year.<\/p>\n With two large conflicts and a bump in NATO (and European) defense spending, the division stands to However, Toepfer was guarded in his comments about the rest of the year. \u201cWe are planning to Surely, these investments are made with future contracts and revenues in mind, which is good news for the division moving forward.<\/p>\n Round up<\/p>\n When compared to the first quarter, Airbus is certainly pleased with the results of the second quarter and resulting first half of the year.<\/p>\n Concerning liquidity matters, the company has ample resources and will not be strapped for cash anytime soon, holding \u20ac23.4 billion in total gross cash.<\/p>\n<\/a><\/p>\n
\nA320neo family delivering 70-75 per month by the end of 2027
\nA330 delivering five aircraft per month in 2029
\nA350 delivering 12 aircraft per month in 2028<\/p>\n<\/a><\/p>\n
increase its share of the Airbus revenue pie\u2014which stands at 19% of \u20ac33.2 billion.<\/p>\n
increase R&D, but that has not fully materialized yet,\u201d he said. \u201cSame is true for headcount.\u201d<\/p>\n