Overview

• Airbus achieved a 12% increase in net profit for 2024, reaching €4.2 billion, with revenue up 6% to €69.2 billion.
• The European aerospace giant delivered 766 commercial aircraft in 2024 and plans to deliver 820 in 2025, assuming no major disruptions.
• Boeing reported a net loss of $11.82 billion in 2024, its worst since 2020, driven by production quality issues and a 50-day strike at key facilities.
• Airbus now dominates two-thirds of the global commercial aircraft market, a significant shift from the previous 50/50 split with Boeing.
• Challenges persist for both companies, including strained shared suppliers and weak demand in the satellite telecommunications sector, leading to job cuts in Airbus's Defense and Space division.