Airbus posts 47% surge in first-half net profit as defence and aviation revenues rise

European aerospace corporation Airbus reported a 47% increase in net profit for the first half of the year, reaching €2.2 billion. The company's total revenue rose 12% year-on-year to €33.2 billion during the same period.

According to financial disclosures, the strong performance was primarily driven by a higher volume of commercial aircraft deliveries alongside robust growth in Airbus's defence and space division. The results highlight a recovery in commercial aviation demand coupled with increased military and defence contracting across European markets.

Sources: Радіо Свобода.