Airbus beats second-quarter expectations as aircraft deliveries and defence business boost profits

Wednesday 29 July 2026 - 19:30

By: Sahili Aya

Airbus beats second-quarter expectations as aircraft deliveries and defence business boost profits

Airbus reported stronger-than-expected second-quarter results, driven by a sharp increase in commercial aircraft deliveries and solid performance from its defence business.

The world's largest aircraft manufacturer posted adjusted operating profit of €2.43 billion, a 54% increase compared with the same period last year, while quarterly revenue climbed 28% to €20.53 billion.

Both figures exceeded analysts' expectations, reinforcing confidence in Airbus' operational recovery after recent supply chain disruptions.

Commercial aircraft deliveries accelerate

The company's improved performance was largely fueled by a significant rebound in commercial jet deliveries.

Airbus handed over 237 aircraft during the second quarter, representing a 39% year-on-year increase as production gathered pace following a slower start to 2026.

The higher delivery rate reflects improving conditions across the aerospace supply chain, enabling the manufacturer to convert its substantial order backlog into revenue more efficiently.

Defence business adds momentum

Alongside commercial aviation, Airbus also benefited from stronger contributions from its defence division.

Growing demand for defence equipment has become an increasingly important source of revenue for major aerospace manufacturers, helping diversify earnings as governments continue expanding military investment amid evolving geopolitical tensions.

The combination of commercial and defence growth strengthened Airbus' overall financial performance during the quarter.

Full-year targets remain unchanged

Despite the stronger-than-expected results, Airbus maintained its financial guidance for 2026.

The company continues to forecast approximately 870 commercial aircraft deliveries for the full year and reaffirmed its target of €7.5 billion in adjusted operating profit.

Management recently expressed greater confidence in its ability to increase production as supply chain constraints gradually ease across the global aerospace industry.

Long-term growth strategy remains on track

Airbus is pursuing an ambitious long-term strategy aimed at nearly doubling profits and increasing shareholder returns by 2029.

The latest quarterly results suggest the company is making steady progress toward those objectives, supported by recovering aircraft production, resilient global airline demand, and continued strength in defence activities.

As airlines modernize their fleets and international travel remains robust, Airbus appears well positioned to sustain its growth trajectory through the remainder of the decade.