tr.euronews.com
Airbus Surpasses Boeing with Strong 2024 Earnings
Airbus reported €69.23 billion in revenue and €5.35 billion in adjusted EBIT for 2024, exceeding Boeing's performance which reported $11.8 billion in losses, despite ongoing supply chain challenges.
- What were Airbus's 2024 financial results, and how do they compare to Boeing's performance?
- Airbus reported strong order intake across all divisions in its annual earnings update, surpassing its struggling competitor Boeing. Revenue rose to €69.23 billion (approximately $74.3 billion USD) in 2024 from €65.45 billion in 2023, while adjusted earnings before interest and taxes (EBIT) fell 8 percent to €5.35 billion due to restructuring costs in its space division.
- What are the main factors contributing to Airbus's financial performance in 2024, and what challenges remain?
- The strong order intake reflects continued market confidence, indicating that the industry is not only recovering but also growing at an accelerated pace after the pandemic. Airbus delivered 766 commercial aircraft in 2024, exceeding its 2023 deliveries. This success comes despite ongoing supply chain challenges, particularly with Spirit AeroSystems, impacting production of A350 and A220 models.
- What are Airbus's projections for 2025, and what potential risks or uncertainties could impact these forecasts?
- Airbus projects an adjusted EBIT of approximately €7 billion and a free cash flow of approximately €4.5 billion for 2025. These projections are independent of potential US tariffs. The company's strong financial position contrasts sharply with Boeing's losses, highlighting Airbus's resilience and market leadership.
Cognitive Concepts
Framing Bias
The headline and opening sentences emphasize Airbus's strong order intake and outperformance of Boeing, setting a positive and somewhat celebratory tone. The article's structure prioritizes the positive financial news and downplays potential challenges or concerns. The inclusion of positive quotes from industry experts further reinforces this positive framing. The use of words such as "güçlü" (strong) and "liderliğinin" (leadership) repeatedly frames Airbus in a favorable light.
Language Bias
The article uses predominantly positive language when describing Airbus's performance ("güçlü", "artış hızına", "mütevazı"- while 'mütevazı' could be seen as slightly negative in context, it's mostly positive considering the scale), creating a favorable impression. In contrast, Boeing's situation is described with more negative terms, highlighting their losses. The comparison itself contributes to the bias. For example, instead of saying "Airbus outperformed Boeing," a more neutral phrasing could be "Airbus's financial performance contrasted with Boeing's losses."
Bias by Omission
The article focuses heavily on Airbus's financial success and compares it to Boeing's losses, but omits discussion of potential negative impacts of Airbus's operations, such as environmental concerns related to air travel or the social impact on communities near its manufacturing facilities. There is no mention of Airbus's lobbying efforts or their impact on policy. While acknowledging supply chain issues, the article doesn't delve into the broader context of global supply chain disruptions and their impact on other companies.
False Dichotomy
The article presents a somewhat simplistic comparison between Airbus and Boeing, framing it as a clear-cut success story for Airbus versus Boeing's struggles. It doesn't fully explore the nuances of the aviation industry, such as the different market segments each company targets or the various challenges they face beyond those explicitly mentioned. The article neglects to consider that Boeing might be undertaking other strategic activities.
Sustainable Development Goals
Airbus's strong financial performance in 2024, including increased revenue and a dividend increase, signifies positive economic growth and job creation within the aerospace industry. The company's recovery from supply chain issues also contributes to economic stability.