The European aerospace giant said Thursday that core profit rose 4% to around $6.2 billion over 2023, with revenue rising even more strongly.
It's now projecting profit of up to $7.5 billion this year, and it's set to reward shareholders with a special dividend.
Airbus is riding a wave of orders from airlines that are recovering from the global health crisis.
That's helping it to build up cash reserves, in contrast with U.S. rival Boeing, which has been buffeted by a series of problems with its 737 MAX jets.
The European firm is now projecting 800 aircraft deliveries this year, subject to there being no new disruption to global supply chains.
It did, however, announce a delay in the entry into service of one new model, an extra-long-range variant of its big-selling A321.
The company's space business isn't going so well.
Airbus said it would take a fresh charge of more than $200 million over the troubled unit.
It has faced fierce competition from U.S. rivals and a new generation of low-cost satellites.
Reuters sources say Airbus boss Guillaume Faury has told staff that charges taken by the space business are "not acceptable".
