The company said commercial aircraft orders increased to 768 previous year from 747 in 2018.
Raising its proposed dividend by 9 per cent to €1.80 per share, Airbus predicted full-year free cash flow of around €4 billion, improved from €3.51 billion in 2019.
Airbus ends 2019 with $1.4 billion loss after corruption charges
Airbus (OTCPK:EADSY) -0.6% in Paris trading after swinging to a loss in 2019 of €1.36B compared with a net profit of €3.05B a year earlier, as it reported a €3.6B penalty from a corruption probe settlement and €1.2B in charges from its A400M program.
Revenues increased by 10.7 percent to 70.48 billion euros, "mainly driven by the higher commercial aircraft deliveries and a favourable mix at Airbus, and to a lesser extent the favourable exchange rate development". "We delivered a strong underlying financial performance driven mainly by our commercial aircraft deliveries", Airbus chief executive officer Guillaume Faury said.More news: COVID-19: World Health Organization official name for Coronavirus
"It has to do with safety, and safety is paramount for the industry".
He added that "we can not take benefits on the 320". That follows a 55 percent jump past year, when Boeing rose just 1 percent after two fatal crashes involving the 737 MAX tipped the United States company into crisis. Boeing's net orders were negative because of cancellations and the bankruptcy of a large customer, India's Jet Airways, and came in at minus 87.More news: Billionaire Bezos buys estate for $165 mn
Airbus also revised down its expections for exports of its A400M military transport aircraft, incurring further costs €1.2 billion on its bottom line in 2019.
Airbus had agreed to fines of €3.6 billion after being subject to bribery and corruption investigations related to dealings in France, Britain, and the USA between 2004 and 2016.More news: ME resident tested for coronavirus, first suspected case in state: health officials
Airbus is legally headquartered in the Netherlands but has its main base in Toulouse, France, and factories there and in Hamburg, Germany, Seville, Spain, Tianjin, China, and Mobile, Alabama, in the U.S. It also makes military aircraft, helicopters and satellites.