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Airbus

A European multinational aerospace corporation.

Categories

Industrial Manufacturing  

#4127

Rank

$2.19B

Marketcap

US United States

Country

Airbus
Leadership team

Felix Kracht (Founder)

Franz Strauss (Founder)

Industries

Industrial Manufacturing

Products/ Services
A220, A300, A310, A318, A319, A320, A321, A330, A340, A350, A380, Unmanned aerial vehicles
Number of Employees
Above 50,000
Headquarters
Leiden, Netherlands
Established
1970
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001697546
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
AIR
Social Media
Overview
Location
Summary

Airbus is an aircraft manufacturer whose customer focus, commercial know-how, technological leadership, and manufacturing efficiency.Airbus is an aircraft manufacturer whose customer focus, commercial know-how, technological leadership, and manufacturing efficiency have propelled it to the forefront of the industry. The company was founded in 1970 and headquartered in Midi-Pyrenees, France.

History

1970: The current company is the product of consolidation in the European aerospace industry tracing back to the formation of the Airbus Industrie GIE consortium in 1970.

1971: Spain’s Construcciones Aeronáuticas S.A. (CASA) joined in 1971 with a 4.2 percent share. The RB207 had also suffered difficulties and delays, since Rolls-Royce was concentrating its efforts on the development of another jet engine, theRB211, for the Lockheed L-1011 and Rolls-Royce entering into administration due to bankruptcy in 1971.

1972: The first aircraft produced by the association, Airbus A300, made its first flight on 28th of October 1972. Bölkow was awarded the Ludwig-Prandtl-Ring from the Deutsche Gesellschaft für Luft- und Raumfahrt (German Society for Aeronautics and Astronautics) for "outstanding contribution in the field of aerospace engineering" in 1972.

1974: The A300 became the world’s first twin-engine widebody jet, entering airline service in 1974.

1977: Built by an industrial consortium, the prototype Meteosat-1 was launched in 1977 on a United States Delta rocket..

1978: A second boost for Airbus came in 1978, when it launched a program to develop a smaller-capacity, medium-range plane.

1979: The programme for this multi-role combat aircraft was initiated as a British-German-Italian joint venture, and was introduced into service beginning in the 1979. The first Ariane 1 was launched in 1979 from the Guiana Space Centre, providing the framework for a family of vehicles that were to become a benchmark in the world’s launch service industry.

1981: In 1981 Aerospatiale and Italy’s Aeritalia (predecessor of Alenia Aerospazio) merged their designs for a turboprop regional aircraft and formed ATR as a 50-50 joint venture to develop, market, and support regional transport aircraft.

1982: That aircraft, the A310, first flew in 1982 and entered service three years later.

1984: On March 2, 1984, Airbus launched the Airbus A320 with 96 orders, with the largest order from Air France.

1985: Gago Coutinho, a Portuguese Sailor and Aviator Flag Carrier Airlines Report Leman Bozkurt Alt?nçekiç, the first female jet pilot of Turkey and NATO Who is Nuri Demira?? Japan Airlines Flight 123 – 12th August 1985 Béteille retired from the company in 1985; the final assembly building for the Airbus A350 XWB in Toulouse is named after him.

1987: On February 14, 1987, the A320 was launched in Toulouse in the presence of royalty, with the Prince and Princess of Wales attending the ceremony.

1988: The A320 entered revenue service in 1988.

1989: The fraction of the cost carried by governments was gradually reduced, and, starting with the development of the A321 in 1989, Airbus projects were financed completely by internally generated cash flow and external commercial sources.

1990: The project was announced at the 1990 Farnborough Air Show, with the stated goal of 15% lower operating costs than the 747-400.

1991: Prior to joining the aerospace industry in 1991, Enders worked, inter alia, as a Member of the “Planungsstab” of the German Ministry of Defence and in various foreign policy think tanks.

1992: Aerospatiale (France) and MBB (Germany) combine their helicopter activities to form Eurocopter on 1st January, 1992 In 1992 Matra merged with the French media company Hachette to become, as Matra Hautes Technologies, part of the Lagardère Group.

1993: The A321 took its maiden flight on March 11, 1993 at Hamburg Finkenwerder, Germany. June 10, 1993 saw the launch of what was then the smallest member of the A320 series, the A319, with intentions to provide direct competition to the Boeing 737-300/-700. The four-engine A340 entered service in 1993, and the twin-engine A330 followed a year later.

1994: In May 1994, Air Canada put in place an order for 25 A319s with the option for 10 more, which would make it the largest Airbus operator in North America.

1995: The maiden flight took place on 25 August 1995. As early as 1995 the German aerospace and defence company DaimlerChrysler Aerospace (DASA) and its British counterpart British Aerospace were said to be eager to create a transnational aerospace and defence company.

1996: The missile activities of Matra and British Aerospace (later BAE Systems) were combined in 1996 in a 50-50 joint venture named Matra BAe Dynamics.

1997: In 1997, following the lead of Boeing, Airbus expanded into the business jet market by launching a program for the Airbus Corporate Jetliner, based on the A319 aircraft.

1998: A merger was agreed between British Aerospace Chairman Richard Evans and DASA CEO Jürgen Schrempp in December 1998. In December 1998, when it was reported that British Aerospace and DASA were close to merging, Aérospatiale paralysed negotiations on the Airbus conversion; the French company feared the combined BAe/DASA, which would own 57.9% of Airbus, would dominate the company and it insisted on a 50/50 split.

1999: Airbus shrunk the A320 yet again with the launch smallest A320 airframe to date on April 26, 1999.

2000: In 2000, the European Aeronautic Defence and Space Company (EADS) NV was established. European Aeronautic Defence and Space Company (EADS), major European aerospace company that builds commercial and military aircraft, space systems, propulsion systems, missiles, and other defense products. It was formed in 2000 from the merger of three leading European aerospace firms: Aerospatiale Matra of France, DaimlerChrysler Aerospace (Dasa) of Germany, and Construcciones Aeronáuticas S.A. (CASA) of Spain.

2001: In January 2001 Airbus Industrie was transformed from an inherently inefficient consortium structure to a formal joint stock company, with legal and tax procedures being finalised on 11 July. He was appointed CEO of MBDA, the leading European missile systems company that was created in 2001 by Aerospatiale Matra, British Aerospace and Finmeccanica.

2002: On January 15, 2002 the A318 had its first flight, completing the European product range’s lower end.

2003: Europe’s first mission to the Red Planet, Mars Express lifted off in June 2003. In 2003, Fabrice Brégier became President and CEO of the Eurocopter Group and was appointed Head of EADS’ Eurocopter Division in June 20. After arriving at Mars in December 2003, data from this 1,120-kg. planetary orbiter helped answer fundamental questions about the geology, atmosphere, surface environment, history of water and potential for life on the planet. In 2003, Airbus and the Kaskol Group created an Airbus Engineering centre in Russia, which started with 30 engineers and since has emerged as a model of success for Airbus’ globalisation strategy.

2004: Launched in 2004, the Rosetta spacecraft spent 10 years on a voyage of more than six billion kilometres to reach and study the comet 67P/Churyumov-Gerasimenko. Evans stated in 2004 that his fear was that an American defence contractor would acquire MES and challenge both British Aerospace and DASA.

2005: The first A380 was unveiled at a ceremony in Toulouse on 18 January 2005, and its maiden flight took place on 27 April 2005. Eurocopter Ecureuil AS350 piloted by Didier Delsalle lands on Mount Everest on May 14, 2005 After successfully landing three hours and 54 minutes later, chief test pilot Jacques Rosay said flying the A380 had been “like handling a bicycle”. On 1 December 2005, the A380 achieved its maximum design speed of Mach 0.96.

2006: On 10 January 2006, the A380 made its first transatlantic flight to Medellín in Colombia. In June 2006 Airbus was embroiled in significant international controversy over its announcement of further delays in the delivery of its A380. Brégier was appointed Airbus Chief Operating Officer (COO) in October 2006. On 3 October 2006, CEO Christian Streiff announced that the reason for delay of the Airbus A380 was the use of incompatible software used to design the aircraft.

2007: On 28 February 2007, CEO Louis Gallois announced the company’s restructuring plans. In March 2007 EADS Defence and Security Systems division was awarded an eight year, £200m contract to provide the IT infrastructure for the FiReControl project in the UK. The first aircraft delivered was to Singapore Airlines on 15 October 2007 and entered service on 25 October 2007 with an inaugural flight between Singapore and Sydney. That design and marketing approach was to characterize Airbus even after the A300/A310 family was formally discontinued in 2007. In 2007 Airbus addressed another niche in the long-distance market with the “ultralong-range” A380, the world’s largest airliner.

2008: The Columbus science laboratory was launched aboard Space Shuttle Atlantis on February 7, 2008 and docked at the International Space Station (ISS). On 29 February 2008, the United States Air Force awarded a $35 billion contract for aerial refueling tankers (the KC-45) to Northrop Grumman, with EADS as a major subcontractor. Qantas followed on 19 September 2008, starting flights between Melbourne and Los Angeles on 20 October 2008.

2009: With the first flight performed in December 2009, the A400M developed for tactical and strategic missions – along with force-projection through aerial refuelling – Airbus set the bar high in terms of technical and programme complexity.

2010: However, the award was protested by Boeing, the other bidder on the project, which was upheld by the GAO. In response to the new contest, on 8 March 2010, Northrop Grumman announced it was abandoning its bid for the new contract, with its CEO stating that the revised bid requirement favored Boeing. On 20 April 2010, EADS announced it was re-entering the competition and intended to enter a bid with the KC-45. The A320neo (“new engine option”) model, announced in December 2010, received 667 orders, which, together with previous orders, resulted in a total of 1029 orders within six months of launch date, also a new record.”

2011: In 2011, the centre employs some 200 engineers who have completed over 30 large-scale projects for the A320, the A330/A340 and the A380 programmes. At the 2011 Paris Air Show, Airbus received total orders valued at about $72.2 billion for 730 aircraft, representing a new record in the civil aviation industry.

2012: By October 2012, the merger between BAE Systems and EADS had been called off. In 2012 final assembly began of the first A350, an aircraft intended to fly long-distance routes with great economy and minimal damage to the environment.

2013: Looking to the future, deliveries of Airbus’ long-range twin-engine A350 XWB are expected to commence in 2013, while its military product line is expanding to include the A330 Multi-role Tanker Transport and the A400M.”

2014: In January 2014, EADS was reorganised as Airbus Group, with three divisions.”

2015: Its first flight took place in Marignane (France) on June 13, 2015.

2017: EADS was renamed Airbus Group (which later in 2017 renamed to Airbus). Eurocopter becomes Airbus Helicopters.

2018: Launched on an Ariane 5 in October 2018, the BepiColombo, a joint mission of ESA and the Japan Aerospace Exploration Agency (JAXA) to research the solar system’s smallest and least-explored terrestrial planet – Mercury. Airbus Helicopters started autonomous flight trials of a VSR700 Optionally Piloted Vehicle (OPV) demonstrator, without safety pilot on December 20, 2018. From the beginning of Galileo through 2018, Airbus was prime contractor for the satellite navigation system’s ground control segment.

2019: On May 29, 2019, Airbus celebrated its 50th birthday. After its official launch at the 2019 Paris Air Show, Airbus’ extra-long-range single-aisle A321XLR steadily built up a strong base of orders and commitments from customers around the world.

Mission

According to Airbus, the company mission is: “a leader in designing, manufacturing and delivering aerospace products, services and solutions to customers on a global scale. Airbus aims for a better-connected, safer and more prosperous world".

Vision

According to Airbus, the company vision is: “to strive to be a transparent body, matching the expectations of the Company’s shareholders throughout the world". 

Key Team

Henri Ziegler (Founder)

Roger Beteille (Founder)

René Richard Obermann (Chairman)

Catherine Guillouard (Board Member)

Claudia Nemat (Board Member)

Guillaume Faury (CEO)

Jean-Pierre Clamadieu (Board Member)

María Amparo Moraleda Martínez (Board Member)

Ralph Dozier Crosby (Board Member)

Recognition and Awards
Fortune Global 500, Fortune: Most Admired Companies
References
Airbus
Leadership team

Felix Kracht (Founder)

Franz Strauss (Founder)

Industries

Industrial Manufacturing

Products/ Services
A220, A300, A310, A318, A319, A320, A321, A330, A340, A350, A380, Unmanned aerial vehicles
Number of Employees
Above 50,000
Headquarters
Leiden, Netherlands
Established
1970
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001697546
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
AIR
Social Media