Airbus Q1 Revenues And Profits Up As A350 Demand Ramps Up

Today, Airbus reported its consolidated financial results for the quarter that ended March 31, 20204 (Q1 2024), which showed increases in revenue and profit and a more than healthy order book, with a backlog of 8,626 aircraft, compared to 7,254 at the same time last year. Orders for commercial aircraft and helicopters were up significantly, although the Defence and Space business saw a decline in order intake value.