Consolidated revenues during H1 increased to €30.9 billion (H1 2018: € 25.0 billion), mainly reflecting higher commercial aircraft deliveries and favourable foreign exchange rates. Airbus Helicopters delivered 143 units (H1 2018: 141 units) with stable revenues driven by programme phasing compensated by growth in services. Higher revenues at Airbus Defence and Space were supported by Military Aircraft activities.
Net helicopter orders of 123 units (H1 2018: 143 units) included 23 NH-90s for Spain and 11 H145s in the second quarter. Airbus Helicopters’ EBIT Adjusted totalled € 125 million (H1 2018: € 135 million), reflecting a less favourable delivery mix partially compensated by an increased contribution from services.
Read the company’s full H1 results here.
In other news, the company is also celebrating its 10th anniversary at the US Naval Test Pilot School at Naval Air Station (NAS) Patuxent River, Maryland. Over the past 10 years, the UH-72A Lakota fleet there has consistently exceeded operational availability targets and continues to provide high levels of mission readiness with availability rates averaging nearly 94 per cent.
“This is quite a milestone for the Lakota programme. Experimental test pilots need a reliable and versatile aircraft as they are often flying an aircraft at the edge of its performance envelope, and we’re confident that we have provided the best value over the last ten years for this requirement,” noted Scott Tumpak, Airbus Helicopters Inc. Vice-President of Military Programs.