European aircraft and aerospace manufacturer Airbus have published their full-year 2025 financial performance, recording revenue of €73.4 billion and a record backlog of 8,754 commercial aircraft.
Revenue was up on 2024’s €69.2 billion, and Airbus also managed to deliver more aircraft (783 in 2025 against 766 in 2024). Airbus Defence and Space performed especially well, with revenue increasing 11% year-on-year to €13.4 billion.
For 2026, assuming no further geopolitical disruption, the company is targeting 870 commercial deliveries. Production on the A220s is still accelerating, with Airbus now hoping to deliver 13 models a month by 2028. They blame Pratt & Whitney as engine suppliers for the current stalling on the programme, and assert that they will achieve a rate of 70 to 75 overall aircraft a month before the end of 2027.
Rivals Boeing posted a profit in 2025 for the first time since 2018, but also reported a backlog worth US$682 billion.
Guillaume Faury, Airbus Chief Executive Officer, said:
2025 was a landmark year, characterised by very strong demand for our products and services across all businesses, a record financial performance, and strategic milestones. We successfully navigated a complex and dynamic operating environment to deliver on our updated guidance.
Global demand for commercial aircraft underpins our ongoing production ramp-up, which we are managing while facing significant Pratt & Whitney engine shortages. The broad and competitive portfolios of Defence and Space as well as Helicopters allow us to capture the momentum in defence. We are also making progress to establish a new global industrial space player, together with our partners. These 2025 results and the confidence in our future financial performance support the proposed higher dividend payment.
Faury alludes to the merger with Leonardo and Thales that will see Airbus contribute its Space Systems and Space Digital businesses to a new aerospace entity that could rival SpaceX. Worth €10 billion, the European super-company represents an exciting development for Airbus as the manufacturing arm continues to struggle with supply chain issues and an extensive backlog.
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