Airbus reports record profit for 2022, faces defense and space challenges

  • Airbus reported a record overall 2022 profit of 4.25 billion euros (USD 4.55 billion).
  • Despite inflation challenges and supply chain disruptions, Airbus aims to deliver 720 planes this year.
  • Air India has placed a massive order of 250 Airbus passenger jets, the financial terms of which have not been disclosed.
  • In 2022, Airbus received 820 orders and reported revenue of 58.8 billion euros.
  • Airbus is urging for stepped-up European cooperation to ensure the continent’s security and future access to space.