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Airbus assures on A380 break-even this year

Airbus Group has assured that its A380 will achieve production break-even this year, as it unveiled a strong full-year commercial aircraft performance.

The manufacturer said that 2014 had been a “remarkable” year during a financial results briefing in Munich.

Commercial aircraft earnings increased by 68% to €2.6 billion ($2.9 billion) as revenues rose by 7% to €42 billion.

Chief executive Tom Enders says: “Most importantly, we confirm the A380 break-even for 2015.”

While this does not mean the programme has recouped its development investment, it signals that individual aircraft will no longer be built and delivered at a loss.

The company delivered 30 A380s last year and had a backlog of 164 of the type at the end of January this year.

Airbus has long been forecasting that it would break even at production level on the A380 this year.

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