Demonstrating the continued strength and flexibility of our business model

Willie Walsh

Luis Gallego Martín Chief Executive Officer

We have been transforming our business to be fit for the long term.

Demonstrating our resilience

Steve Gunning Chief Financial Officer

The Group took, and continues to take, decisive actions to preserve liquidity.

Our financial performance

  Year to December 31
Financial performance 2021 2020 Versus last year
Total revenue 8,450 7,868 +7%
Operating profit pre exceptionals -2,970 -4,390 +1,420
Operating profit post exceptionals -2,765 -7,451 +4,686
Profit after tax post exceptionals -2,933 -6,935 +4,002

Financial position 2021 2020 Versus last year
Gross debt 19,610 15,679 +25%
Cash, cash equivalents and … 7,943 5,917 +34%
Net debt 11,667 9,762 +20%

Traffic and capacity statistics 2021 2020 Versus last year
Revenue passenger km 78,689 72,262 +8.9%
Available seat km 121,965 113,195 +7.7%
Passenger load factor 65% 64% +1 pts