Airbus Helicopters Boosts Revenues as New Orders Stall | Aviation International News

Airbus Helicopters Orders Fall, but Revenues Rise

Airbus Helicopters posts increased revenues on its growing services business as new orders stall.

Airbus Helicopters has boosted revenues in the first half of 2023. — Airbus Helicopters has boosted revenues in the first half of 2023. (Photo: Airbus Helicopters)

By Mark Huber • Contributor

July 27, 2023

Continuing supply-chain disruptions proved a drag on first-half 2023 financial results for Airbus Helicopters, parent company Airbus said this week in its second-quarter financial result. Still, the rotorcraft manufacturer managed to post solid revenue gains year-over-year on the strength of its services business.

Compared to the same six-month period in 2022, revenues jumped 16 percent, to $3.54 billion. Adjusted earnings before interest and taxes increased to $303.5 million from $238.15 million. But while second-quarter revenues rose by 8 percent, to $1.77 billion, EBIT fell by 6 percent, to $130.7 million, from the year-ago period.

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