Airbus Bolstered by Strong Commercial Backlog | Aviation International News

Airbus Bolstered by Strong Commercial Backlog

New airliner sales fell in 2016 but the overall backlog of almost 6,900 aircraft is strong.

By Ian Sheppard

February 22, 2017

Despite a record year last year for its commercial aircraft deliveries and a record order backlog at the end of the year, Airbus’s 2016 financial results, announced on Wednesday, were blighted by more losses from the troubled A400M military airlifter program. This resulted in a further €1.2 billion ($1.3 billion) write-down, but overall results saw revenues increase 3 percent, to €67 billion ($70.8 billion), helped in part by the stronger U.S. dollar.

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