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Birmingham Post
Birmingham Post
Business
Andrew Arthur

Airbus maintains ramped up production despite 'fragile' supply chain

Airbus bosses have said the aerospace giant is maintaining its ramped up commercial aircraft production targets, despite a supply chain left “fragile” by the war in Ukraine, Covid and energy issues.

The company, which employs thousands of people at its UK sites in Filton, South Gloucestershire, and Broughton, North Wales, reported €38.1bn (£32.9bn) revenue for the first nine months of this year - up from €35.1bn (£30.3bn) at the same point in 2021.

Adjusted earnings before interest and tax (EBIT) for the first three trading quarters of 2022 were up 3% from a year earlier at €3.5bn (£3bn).

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