Airbus earns record net profit of 4.2 bn euros in 2022

European aircraft manufacturer Airbus said Thursday it had earned a record 4.2 billion euros ($4.5 billion) in 2022 despite difficulties in increasing production due to supply chain issues.

Airbus delivered 661 aircraft last year despite original plans to hand over 720 to clients. It is targeting 720 deliveries for 2023, reports AFP.