Airbus reports improved Q1 2021 results

Airbus has reported improved financial results for its first quarter (Q1) ended 31 March 2021. Consolidated revenueswere broadly stable year-on-year at €10.5bn compared to €10.6bn in Q1 2020. “The good Q1 results mainly reflect our commercial aircraft delivery performance, cost and cash containment, progress with the restructuring plan as well as positive contributions from our helicopter and defence and space activities,” said Airbus Chief Executive Officer Guillaume Faury. “The first quarter shows that the crisis is not yet over for our industry, and that the market remains uncertain. We are investing in innovation and in the transformation of our Company to deliver