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Concept
Airbus
Summary
Airbus SE (ˈɛərbʌs; ɛʁbys; ˈɛːɐ̯bʊs; ˈejɾβus) is a European multinational aerospace corporation. The company's primary business is the design and manufacturing of commercial aircraft. The company also has separate commercial, defence and space and helicopter divisions. As of 2019, Airbus is the world's largest manufacturer of airliners as well as the leading helicopter manufacturer.
The company was incorporated as the European Aeronautic Defence and Space Company (EADS) in 2000 through the merger of the French Aérospatiale and the German DASA, and later acquired full ownership of Airbus, a collaboration of European aerospace companies to develop and produce a wide-body aircraft to compete with American-built airliners, which would later merge together. Reflecting this multi-national origin, the company operates major offices and assembly plants in France, Germany, Spain, and the United Kingdom, along with more recent additions in Canada, China, and the United States.
Airbus's registered headquarters is in Leiden, Netherlands, but daily management is conducted from Toulouse, France. The 'SE' in its corporate name means it is a Societas Europaea. The company is led by CEO Guillaume Faury and is a component of the Euro Stoxx 50 stock market index.
History of Airbus
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. In 2000, the European Aeronautic Defence and Space Company (EADS) NV was established. In addition to other subsidiaries pertaining to security and space activities, EADS owned 100% of the pre-existing Eurocopter SA, established in 1992, as well as 80% of Airbus Industrie GIE. In 2001, Airbus Industrie GIE was reorganised as Airbus SAS, a simplified joint-stock company. In 2006, EADS acquired BAE Systems's remaining 20% of Airbus. EADS NV was renamed Airbus Group NV and SE in 2014, and 2015, respectively.
Official source
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