Airbus // Universal Registration Document 2021

2. Management’s Discussion and Analysis of Financial Condition and Results of Operations / 2.1 Operating and Financial Review

Revenue by Geographical Areas

2021

2020

2019

(In € billion) (In percentage) (1)

(In € billion) (In percentage) (1)

(In € billion) (In percentage) (1)

Asia/Pacific

16.0

30.6% 13.1

26.3% 22.6

32.1%

Europe

19.5

37.4% 20.3

40.7% 22.6

32.1%

North America

10.5

20.2%

8.7

17.4% 12.0

17.1%

6.1

11.8%

7.8

15.6% 13.3

18.8%

Other countries (2)

Total

52.1

100% 49.9

100% 70.5

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.

2021

2020

2019

(In units)

A220

50

38

48

A320 Family

483

446

642

A330

18

19

53

A350 XWB

55

59

112

A380

5

4

8

Total

611

566

863

For 2020, Airbus’ revenues decreased by 37.5%, from €54.8 billion for 2019 to €34.3 billion for 2020. This was due to lower deliveries of 566 aircraft (compared to 863 deliveries in 2019), including 59 A350 XWBs and 38 A220s, in line with the production adaptation plan set out in April 2020 in response to the COVID-19 pandemic, see “– 2.1 Operating and Financial Review”.

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.

2021

2020

2019

(In units)

Light

159

123

159

Medium

121

126

122

Heavy

58

50

47

thereof NH90

27

28

32

Tiger

0

1

4

Total

338

300

332

For 2020, Airbus Helicopters’ revenues amounted to €6.3 billion in 2020 (2019: €6.0 billion). This increase reflected a favourable product mix effect despite lower deliveries of 300 units (2019: 332 units) and higher volume in services.

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.

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Airbus / Registration Document 2021