Airbus - 2022 Universal Registration Document
2. Management’s Discussion and Analysis of Financial Condition and Results of Operations / 2.1 Operating and Financial Review
For 2021, revenues increased by 4.5%, from €49.9 billion for 2020 to €52.1 billion for 2021. The increase was mainly driven by Airbus, reflecting higher aircraft deliveries partly offset by an unfavourable foreign exchange impact.
Revenue by Geographical Areas
2022
2021
2020
(In € billion) (In percentage) (1)
(In € billion) (In percentage) (1)
(In € billion) (In percentage) (1)
Asia/Pacific
15.4
26.2% 16.0
30.6% 13.1
26.3%
24.3
41.3% 19.5
37.4% 20.3
40.7%
Europe
13.5
23.0% 10.5
20.2%
8.7
17.4%
North America
5.6
9.5%
6.1
11.8%
7.8
15.6%
Other countries (2)
Total
58.8
100% 52.1
100% 49.9
100%
(1) Percentage of total revenue after eliminations. (2) Including the Middle East.
Airbus The following table presents a breakdown of deliveries of commercial aircraft by product type for the past three years.
2022
2021
2020
(In units)
A220
53
50
38
516
483
446
A320 Family
32
18 (2)
19
A330
60 (1)
55
59
A350
0
5
4
A380
Total
661
611
566
(1) After a reduction of two aircraft previously recorded as sold in December 2021 for which a transfer was not possible due to international sanctions against Russia. (2) Two A330s delivered on operating lease.
Airbus’ revenues increased by 14.4%, from € 36.2 billion for 2021 to € 41.4 billion for 2022. This reflected higher aircraft deliveries of 661 aircraft (compared to 611 deliveries in 2021) and a positive foreign exchange impact.
For 2021, Airbus’ revenues increased by 5.6%, from € 34.3 billion for 2020 to € 36.2 billion for 2021. This reflected higher deliveries of 611 aircraft (compared to 566 deliveries in 2020), partly offset by an unfavourable foreign exchange impact.
Airbus Helicopters The following table presents a breakdown of deliveries of helicopters by product type for the past three years.
2022
2021
2020
(In units)
Light
167
159
123
123
121
126
Medium
54
58
50
Heavy
28
27
28
thereof NH90
0
0
1
Tiger
Total
344
338
300
Airbus Helicopters’ revenues amounted to €7.0 billion in 2022 (2021: € 6.5 billion). This increase reflected growth in services and a favourable mix in programmes.
Airbus Helicopters’ revenues amounted to €6.5 billion in 2021 (2020: € 6.3 billion). This increase reflected growth in services and higher deliveries of 338 units (2020: 300 units), including the first H160.
170
Airbus / Universal Registration Document 2022
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