The European aircraft manufacturer Airbus was severely affected by the corona crisis and the malaise in the global aviation sector last year due to the lockdown measures against the pandemic.
Turnover fell sharply, and the losses were again incurred. Airbus had previously said that there were far fewer new orders coming in due to the crisis.
The total turnover was 49.9 billion euros last year against 70.5 billion euros a year earlier. The net loss amounted to 1.1 billion euros. In 2019, Airbus also had to put a significant loss on the books because billions were set aside due to a large bribery case.
Airbus orders plummeted by 65 percent to 268 aircraft last year. Due to the virus outbreak and the impact of the lockdowns on air traffic, airlines have become much more careful when ordering new aircraft. Airbus significantly reduced its production due to the blows from the corona.
The value of the order received fell in 2020 to more than 33 billion euros from more than 81 billion euros in 2019. Airbus’s total order book fell by more than 100 billion euros, to 373 billion euros at the end of December.