Financial Performance and Market Position
reported a 12% increase in net profit to 4.2 billion euros in 2024, despite facing a significant writedown in its space business, showcasing its financial resilience and market dominance over Boeing.
The company set a target for a 7% increase in aircraft deliveries in 2025, aiming for 820 planes, contingent on no further global or supply chain disruptions, signaling confidence in continued strong demand.
Operational Challenges and Industry Outlook
Both Airbus and Boeing grappled with production scaling challenges post-Covid-19, but Airbus managed to maintain a positive order intake, exceeding deliveries with a book-to-bill ratio above 1.
Despite Boeing's operational difficulties, including a major loss and production halts, Airbus anticipates expanding its market share to 58% by the decade's end, benefitting from its rival's struggles.