Airbus plans to deliver between 520 to 530 commercial aircraft this year and the company projects its gross orders to exceed deliveries, resulting in a book-to-bill ratio of greater than one. The projection came as EADS released its year-end financial figures for 2010 today in Munich, where the European consortium noted that last year’s order intake increased 81 percent, to €83.1 billion ($115.8 billion), driven largely by Airbus Commercial. All told, revenues increased 7 percent, to €45.8 billion ($63.8 billion), on record deliveries of 510 commercial aircraft. Net income rose to €553 million ($770.8 million) and the company finished the year with a record net cash position of €11.9 billion ($16.6 billion).
EADS expects 2011 revenues to exceed those of last year, while it expects EBIT before one-off to remain stable compared with the 2010 level, at around €1.3 billion ($1.8 billion).