报告期内，共交付793架民用飞机，包括93架空客A220飞机、607架空客A320系列飞机、36架空客A330 飞机和57架空客A350飞机。空客民用飞机业务产生的收入增长4%至达到526亿欧元。 (空中客车) 据空中客车2025年财报显示，2025年收入同比增长6%至734亿欧元；调整后息税前利润71亿欧元；报告 息税前利润61亿欧元；报告每股收益6.61欧元。 ...

Core Insights - The recent durability issues with the Pratt & Whitney GTF engine have led to significant fluctuations in aircraft ground time, drawing attention within the aviation industry [2] - The ground time issues are attributed to engine failures and maintenance turnaround, contrasting sharply with the stable performance of competing engines, indicating a clear industry divergence [2] Summary by Category Engine Performance - In 2023, Pratt & Whitney disclosed defects in the high-pressure turbine blades of the GTF engine, necessitating inspections of 600 units, which has forced several airlines to ground some aircraft due to a shortage of backup planes [2] - The Airbus A320 series has been the most severely affected, with ground rates soaring above 40% in early 2024, followed by a decline in summer and a rebound by the end of the year, with projections suggesting a return to over 30% by the end of 2025 [2] - The ground rates for the Airbus A220 and Embraer E2 series are approximately 25%, while the industry benchmark CFM56 narrowbody fleet is projected to have a ground rate of 21% by December 2025, and its successor, the Leap series, is performing well with a stable ground rate of around 12% [2] Company Response - The parent company of Pratt & Whitney is advancing the implementation of enhanced kits for high-temperature components and promoting an upgraded version of the engine set for 2026 to alleviate operational pressures [2]