Aircraft manufacturer Airbus reported a boost in sales in the third quarter following a ramped up production in its commercial aircraft and helicopter divisions.
Furthermore, Airbus is claiming that its A380 superjumbo aircrafts is now nearing break-even profits.
The Toulouse-based company had a 14 percent increase in operating earnings in the three months to $972.4 million, though revenues plateaued at $17 billion.
Shares of Airbus also shoot up 2.5 percent to $61 per share.
However, the company warned that its A400 military aircraft production might be delayed after "military functionalities challenges, delays in aircraft acceptance and Industrial ramp-up."
Airbus sets to materialize its plan coming 2015 by reducing the number of A330 jets produced per month-the plane maker plans to make only 9 a month compared to 10 in the last quarter.
Airbus has been focusing on commercial airliners, which contributes the bulk of its profits and two thirds of its revenues.
It debuted the A330 neo during the Britain's Farnborough air show last July and it is set to arrive on airports towards the end of the year in 2017.
Analysts predicted that the production rate of the A330 planes will decrease to 6 or 8 per month over the following years.
However, the Toulouse-based company stated that they want to keep the production of the said model at "fairly stable" levels while it is still moving towards adopting the newer version of the plane.
Airbus launched the A330 neo in July, and has already received over 120 orders for the planes.
Both Boeing and Airbus have been receiving orders for new jetliners and are replacing aging less fuel efficient fleets and increasing production of newer single-aisle airplanes.
Meanwhile, the company's A380 superjumbo is expected to face obstacles due to a divided workforce rivalry between its German and French workers.
