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Airbus Reports $72.2B Revenue and 826 Net Orders in 2024

Airbus has released its fiscal 2024 financial results, showcasing a 6% revenue increase to $72.2 billion. The company achieved a net income of $4.4 billion and a free cash flow before customer financing of $4.6 billion, reinforcing its financial stability and strong cash flow generation.

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Airbus Adjusts A350F Entry Into Service to 2H 2027

Airbus continues to aim for a monthly production rate of 12 A350 aircraft by 2028, reaffirming its long-term production strategy despite supply chain challenges. The company has also revised the entry into service (EIS) timeline for the A350F, which is now expected in 2H 2027 instead of the previously estimated date.

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SriLankan Airlines Explores Debt Refinancing Before A330 Fleet Renewal

SriLankan Airlines CEO Richard Nuttall is exploring refinancing options to restructure the airline’s debt, which would serve as a preliminary step before any A330 fleet renewal. The carrier is also considering doubling its total fleet size to 50 aircraft, signaling a potential long-term expansion strategy.

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Macquarie AirFinance Delivers Three A320neos to Avianca

Macquarie AirFinance (Ireland) has successfully completed the delivery of three Airbus A320neo aircraft to its new customer, Avianca (Colombia). This milestone marks the beginning of a leasing partnership between the two companies, supporting Avianca’s fleet modernization and network expansion.

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Air Lease to Deliver Five A321neo Aircraft to Qanot Sharq

Air Lease (US) has announced long-term lease agreements with Qanot Sharq Airlines (Uzbekistan) for the delivery of five Airbus A321neo aircraft, including three A321XLRs and two A321LRs. These aircraft will be delivered in 2026 and 2027 from Air Lease’s existing orderbook with Airbus.