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Airbus restarts dividend after sharply higher profits in 2021

Planemaker predicts higher profit and deliveries for 2022; CEO says company is committed to a 'strong position in defence'

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Airbus marked a turning point in its pandemic recovery with its first dividend in two years and higher profits from businesses including defence and space as the European group also confirmed a review of defence strategy on Thursday.

The world's largest civil planemaker predicted higher profit and deliveries for 2022 but cautioned that supply chain tensions and a spike in inflation remained challenges for now.

"The pandemic is not yet fully behind us," Chief Executive Guillaume Faury said while reiterating that the jet market would recover between 2023 and 2025.

"It has been clear that people want to fly again and do so

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First Published: Feb 17 2022 | 7:15 PM IST

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