Net loss of Airbus in the first half-year period made 1,9 billion euro. Part 2

Production rate of commercial airplanes corresponds to new plan elaborated in April 2020 as answer to the situation with COVID-19 shedding. Current situation on the market caused insignificant correction of A350 production rates from 6 to 5 airplanes per month. It is expected that final assembly line of Airbus A220 in Mirabelle (Canada) will gradually return to before-viral production level in the volume of four airplanes per month while new final assembly line in Mobile (USA) opened according to the plan in May. As to the end of June delivery of about 145 commercial airplanes was impossible due to COVID-19.

Own research and development expenses made 1,396 billion euro (in the first half-year period of 2019: 1,423 euro).

Income reduction in the second quarter company explains first of all with reduction of airplanes’ delivery. At the same time Airbus marked that delivery of 145 airplanes due to coronavirus pandemic hasn’t been made. Net volume of orders for commercial airplanes made 298 units (in the first half-year of 2019: 88 units), including 8 units in the second quarter. Total orders received as to June 30th 2020 made 7584 airplanes. Net volume of orders on helicopters made 75 units (in the first half-year period 2019: 123 units), including three order on H145, one helicopter Super Puma and one H160 in the second quarter. Volume of orders received in the framework of Airbus Defence and Space increased up to 5,6 billion euro.

Forecast till the end of 2020 was reviewed in March. Company continues to estimate influence of COVID-19 pandemic on business. Due to unstable situation, in particular, difficulties of delivery procedures company took decision not to issue new forecast.