Europe-based global major aerospace and defence group Airbus announced its results for the first half of this year (1H22) on Wednesday. It did not release any quarterly results at the same time. It recorded revenues of €24.81-billion, a 1% increase over the €24.637-billion achieved during the same period last year (1H21). ‘Earnings before interest and taxes adjusted’ in 1H22 came to €2.645-billion, a 2% decrease from the €2.703-billion recorded in 1H21. Net income in 1H22 was €1.901-billion, a drop of 15% from the €2.231-billion of 1H21. Free cash flow during this year’s first half was €1.665-billion, 18% down on the €2.012-billion achieved during 1H21.