Europe-based global major aerospace and defence group Airbus released its full-year results for 2021 on Thursday. It achieved a record net income of €4.2-billion during the year. Revenues totalled €52.1-billion, adjusted earnings before interest and taxes (Ebit) came to €4.9-billion and reported Ebit to €5.3-billion. The group had a free cash flow (before mergers and acquisitions and customer financings) of €3.5-billion and its net cash amounted to €7.6-billion. The group delivered 611 commercial aircraft during the course of last year. Gross commercial aircraft orders in 2021 came to 771 (the equivalent figure in 2020 had been 383), but after cancellations, net orders numbered 507 (as against 268 in 2020). Last year’s orders included the first for Airbus’ new A350F dedicated freighter aircraft, confirming the market demand for the type. The group’s commercial aircraft order backlog stood, on December 31, 2021, at 7 082.

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