Airbus

Type Subsidiary

Founded 1970 (Airbus Industrie)

2001 (Airbus SAS)

Headquarters Toulouse, France

Key people Thomas Enders, CEO

Harald Wilhelm, CFO

John Leahy, Chief Commercial Officer

Fabrice Brégier, COO

Industry Aerospace

Products Commercial airliners (list)

Revenue ▲ €25.2 billion (FY 2007)[1]

Net income ▼ (€904 million) (FY 2007)

Employees 57,000 [2]

Parent EADS

Subsidiaries Airbus Military

Website  airbus.com

Airbus SAS (pronounced /ˈɛərbʌs/ in English, /ɛʁbys/ in French, and /ˈɛːɐbʊs/ in German) is an aircraft manufacturing subsidiary of EADS, a European aerospace company. Based in Toulouse, France, and with significant activity across Europe, the company produces around half of the world's jet airliners.

Airbus began as a consortium of aerospace manufacturers. Consolidation of European defence and aerospace companies around the turn of the century allowed the establishment of a simplified joint stock company in 2001, owned by EADS (80%) and BAE Systems (20%). After a protracted sales process BAE sold its shareholding to EADS on 13 October 2006.[3]

Airbus employs around 57,000 people at sixteen sites in four European Union countries: Germany, France, the United Kingdom, and Spain. Final assembly production is at Toulouse (France), Hamburg (Germany), Seville (Spain) and, since 1999, Tianjin (China).[4] Airbus has subsidiaries in the United States, Japan and China.