After record benefits, Airbus wants to accelerate its rise in cadence

The European aircraft manufacturer displayed a net profit of 4.2 billion euros in 2022, up 1 % compared to 2021, which constituted its previous historic brand. “> By Guy Dutheil

Airbus only has rich problems. In 2022, the European aircraft manufacturer recorded the largest benefit in its history. Thus, the group chaired by Guillaume Faury posted a net profit of 4.2 billion euros, up 1 % compared to 2021, which constituted its previous record. The turnover, it culminated at 58.9 billion euros.

These results were obtained while, at the same time, aircraft deliveries were not up to his expectations. However, they represent a crucial moment in the activity of an aeronautical manufacturer. Indeed, it is only this stage of the contract that it is paid by its customers. In 2021, Airbus delivered only 661 planes, when his forecasts were 720. In 2023, he spoke again deliver this number of devices.

This good performance confirms the strategy established even before the end of the Cavid-19 pandemic by Airbus, which had bet very early on a resumption of activity and air traffic. “Anticipation was the watchword,” said Faury. Nevertheless, the health crisis has weighed on the activity of the aircraft manufacturer, which has notably suffered from supplies of supplies. He was especially slowed down by the difficulties of the Supply Chain, his chain of subcontractors.

The latter, who were less helped by the State or later, have often carved out in their workforce to cross this difficult period and had trouble recruiting when the activity showed signs of recovery. Finally, Airbus had to compose with the exacerbated wait -and -see attitude that his engineer Safran showed, his first -row supplier. “The engines are the most important part of the supply chain, the most complex,” said Guillaume Faury.

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According to him, “Safran was very careful about the speed of the restart”. “It was certainly they who posed the most problems for us,” he said. However, the divergences on the tempo of the rise in cadence between Airbus and its supplier are now fitted. “Today, Airbus and Safran are perfectly lined up on the objectives,” added the owner’s owner.

If relations have returned to the beautiful with Safran, Airbus has not yet finished solving this recent past. Mr. Faury judged that the environment more complicated than expected “[had] prevented the supply chain from recovering at the expected rhythm”. “It will take us two years to accomplish what we had planned to accomplish in a year.” A slight setback for the aircraft manufacturer, according to which “priority is the rise in cadence”.

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/Media reports cited above.