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France Airbus Group: Airbus Group (EADSY) (2000)

Airbus Group SE (OTCPK:EADSY, OTCPK:EADSF, Euronext:EAD, BMAD:EAD, FWB:EAD) was established on July 10, 2000, registered in Leiden, the Netherlands, headquartered in Toulouse, France, full-time With 133,782 employees, it is a comprehensive enterprise group specializing in the development, production and sales of fixed-wing aircraft, rotorcraft, launch vehicles, missiles, satellites and other large aircraft. The company’s Airbus company (Airbus SAS, to participate in Appendix I ), Airbus Defense and Space Company (Airbus Defence and Space) and Airbus Helicopters (Airbus Helicopter, see Appendix II ) and other companies formed.

In April 2017, Airbus Group SE was renamed Airbus SE.

Airbus Group

Airbus Group (EADSY):

Airbus Group is the only manufacturer in the world that can manufacture large-scale wide-body passenger aircraft, and is also the only company capable of competing with the American Boeing Company in the civil aviation industry . It is on par with Boeing in the civil aviation market. At the same time, Airbus Group also produces many military aircraft and flying weapons, and is the seventh largest defense contractor in the world . Formerly known as European Aviation Defense and Airlines (EADS).

Historical data of Airbus Group:

1. Initial creation and signing (1967-1997)

In the 1960s, European countries just after World War II sought to rejuvenate the European economy and expected European industry to compete with the United States, so France, Germany, and later Spain and the United Kingdom began to draft plans to establish Airbus Industries. The original intention of Airbus as a conglomerate was to compete like McDonnell Douglas and Boeing. Later, in the mid-1960s, it sought a way of transnational cooperation. In September 1967, the governments of the United Kingdom, France, and Germany formally signed a Memorandum of Understanding (MoU). European aviation manufacturers began to develop Airbus’s earliest product ─ ─ Airbus A300, which is the second in Europe after Concorde. Joint Aircraft Development Program. Then on December 18, 1970, Airbus Industries was formally established.

2. Consolidation concept (1997-1999)

In June 1997, British Aerospace General Manager John Shuston pointed out: “Europe must deal with three times the number of contractors with half the budget of the United States.” That is, the European government is seeking to remove the European bus industry from the alliance. The corporate type is further merged into independent capital companies to reduce the cost of manufacturing aircraft. This is the first step for Airbus to move from a joint venture to an independent capital company.

As early as 1995, the German aircraft manufacturer DaimlerChrysler Aerospace (DASA) and British Aerospace (BAe) had planned to merge into one aircraft manufacturer. The two companies envisage that France Aerospace and other major European aerospace manufacturers will be included, provided that privatization must be completed. The first step of this integration is to allow Airbus to separate from the community of BAe, DASA, and France Aerospace to become an independent company. In order to achieve this goal, BAe and DASA teamed up to deal with opposition from French manufacturers. Like Airbus, BAe and DASA are also partners in research and development programs such as the Panavia Tornado and Typhoon fighters. In July 1998, BAe and DASA formally launched merger negotiations, but at the same time, France Aerospace announced that it would merge with Matera and reduce the French government’s shares. In December 1998, BAe Chairman Richard Evans reached a merger agreement with the CEO of DASA. Then, on December 12, 1998, the British General Electric listed its subsidiary Marconi Electronic Systems (MES) for sale. BAe cancelled the merger agreement and switched to a competitive transaction to acquire its rival. 1999 January 19, BAe and MES announced the establishment of the British Aerospace Systems (BAE Systems plc), on November 30 to complete the merger. In 2004, Evans said that his main concern was that US defense contractors would acquire MES, posing a threat to both BAe and DASA.

3. Establishment and integration of EADS (1999-2008)

On June 11, 1999, DASA signed a memorandum of understanding on merger with Spanish Aerospace (CASA). Then on October 14, DASA agreed to merge with Aerospace-Matra to form European Aerospace Defense and Airlines (EADS). On July 10, 2000, EADS was formally established. EADS has become the world’s largest multinational industrial group and the largest aerospace defense group in Europe. Its capital ranks third in the world , second only to Boeing and Lockheed Martin in the United States .

In January 2001, Airbus Industries officially converted from a joint venture to an independent capital joint-stock company. EADS and BAE transferred their Airbus plants to the new company. In April 2001, EADS agreed to merge its missile division and BAE’s missile division with Italian Finmecanica to form the European Missile Group. The new company was formally established in December 2001, becoming the world’s second largest missile manufacturer , and EADS holds 37.5% of the shares.

On June 16, 2003, EADS acquired 25% of the shares of Astrim, a satellite and space system manufacturing company under BEA, and became the sole shareholder. EADS paid 84 million pounds for this, but because the company continued to lose money, BAE again invested the same amount as the company’s reconstruction fund. In November 2003, EADS announced that it was considering joint development with Japanese companies and the Ministry of Economy, Trade and Industry of Japan to develop larger, faster and quieter supersonic passenger aircraft to replace the Concorde airliner that was retired in October of the same year.

Although BAE has always denied it, there have been news as early as 2000 that BAE wanted to sell 20% of Airbus’ shares. However, on April 6, 2006, the BBC reported that its shares had actually been sold, with a conservative amount of approximately £2.4 billion. Due to slow negotiations, BAE exercised its right to sell and appointed investment bank NM Rothschild and his son to be responsible for independent valuation. Six days later, Airbus announced that the stock had suffered a heavy blow, causing the Airbus A380 development plan to be postponed. On June 2, 2006, Rothschild estimated the share price held by BAE at 1.87 billion pounds, which was far lower than all parties expected. Then, BEA’s board of directors announced that the share sale would continue. The sale was approved on October 6, 2006, and the transaction was completed on October 13, and EADS became the sole shareholder of Airbus.

4. Recent (2008-2014)

On February 29, 2008, the U.S. Air Force purchased the KC-45 aerial tanker with a value of $35 billion from Northrop Grumman , and EADS became the main subcontractor. This is one of the largest contracts in the history of the US Department of Defense. The initial amount was 35 billion U.S. dollars, but it may grow to 100 billion U.S. dollars. Under this contract, Northrop Grumman and EADS will build 179 aircraft based on the A330 to provide air refueling services for military aircraft including fighters and transport aircraft. The final assembly of the aircraft will take place at the Airbus plant near Mobile, Alabama, and the parts will come from suppliers around the world. Then, Boeing, another bidder for this contract, protested and was supported by the U.S. Government Accountability Agency. On March 8, 2010, Northrop Grumman announced that it would give up bidding for the new contract. Its CEO said that the new contract requirements would benefit Boeing. On April 20, EADS announced that it would rejoin the competition for the contract.

On September 12, 2012, it was reported that BAE and EADS were discussing the possibility of a merger. In the newly expanded company, BAE will hold 40% of the shares and EADS will hold 60%. In view of the unsatisfactory status quo, EADS’ key shareholder Lagardère Group asked EADS to reconsider the merger plan. In October 2012, the merger plan was cancelled.

The establishment of the Airbus Group Bank allows the Airbus Group to receive interest rate subsidies for loans from the European Central Bank when selling foreign weapons.

5. Reorganization

Airbus Eurofighter Typhoon

A few weeks after the merger plan was cancelled, the company announced a new restructuring plan to simplify management and shareholder structure. Subsequently, the French media group Lagardère and Daimler sold their shares. On July 31, 2013, it was reported that EADS will be renamed Airbus Group in 2014, the name is derived from its most important profit department Airbus.

In January 2014, EADS was reorganized and renamed Airbus Group, which has three business departments:

  1. Airbus : Civil Aircraft Manufacturing Division Airbus is the department with the most sales and employees.
  2. Airbus Defense and Space : Airbus Defense and Space was formed in January 2014 from the merger of the Airbus Military, Astrim and Cassidian divisions of the original EADS.
  3. Airbus Helicopters : Eurocopter, the predecessor of Airbus Helicopters, is the world’s leading helicopter manufacturer.
  4. Other departments and subsidiaries

    • Airbus Group
    • Dassault Aviation (46%)
    • European Fighter Aircraft Company (46%)
    • European Missile Group (37.5%)
    • Ariane Space Company (30%)
    • Patria (27%)
    • ATR (50%)
    • Socata Company (30%)
    • Sogerma
    • EFW Company
    • Innovation factory
    • Dornier Consulting

Appendix 1: Airbus (Airbus, Airbus SAS )

Airbus Group A380

Airbus (English: Airbus SAS, the official translation is Airbus; Taiwan, Hong Kong and Macau are translated as Airbus) is a European civil aviation aircraft manufacturing company, founded in 1970 by Germany, France, Spain and the United Kingdom, headquartered in Blagnac, France. Airbus is a subsidiary of Airbus Group, Europe’s largest arms supplier .

  • In the mid-1960s, experimental negotiations on European methods of cooperation began.
  • In September 1967, the governments of Britain, France and Germany signed a memorandum of understanding to begin development of the Airbus A300. This is Europe’s second major joint development aircraft program after Concorde.
  • Founded in France in 1970, it was co-founded by Germany, France, Spain and the United Kingdom.

Airbus civil aviation products:

Airbus’s production line started with the A300 model, which is the world’s first dual-aisle, dual-engine aircraft. The variant shorter than the A300 is called the A310. Airbus has applied an innovative fly-by-wire control system to the A320 model. A320 has achieved great commercial success.

aircraft

description

seat

Development date

Maiden flight

First delivery

A300

Dual engine, dual channel

250-361

May 1969

October 1972

May 1974

A310

Twin engine, dual channel, shortened version of A300

200-280

July 1978

April 1982

December 1985

A318

Twin engines, single channel, 6.17 meters shorter than A320

107

April 1999

January 2002

October 2003

A319

Twin engines, single channel, 3.77 meters shorter than A320

124

June 1993

January 1995

April 1996

A320

Dual engine, single channel

150

March 1984

February 1987

March 1988

A321

Dual engine, single channel, 6.94 meters longer than A320

185

November 1989

March 1993

January 1994

A330

Dual engine, dual channel

253-295

June 1987

November 1992

December 1993

A340

Four engines, two channels

261-380

June 1987

October 1991

January 1993

A350

The use of dual engines, dual channels and composite materials reaches 53% of the entire machine

270-412

December 2004

June 2013

In December 2014, the first aircraft was delivered to Qatar Airways

A380

Four engines, dual channel, double deck

555-840

2000

April 27, 2005

Delivered to Singapore Airlines on October 15, 2007

Special cargo aircraft

  • Beluga A300-600ST, modified from A300.
  • Super Guppy, transformed from Boeing 377

Airbus military products:

Since the late 1990s, Airbus has been involved in the development of military products. The specific development plans include A310 MRTT and A330 MRTT aerial tankers, and A400M military transport aircraft, which are the two major development areas that are mainly targeted.

In January 1999, Airbus set up an independent company-Airbus Military (Airbus Military), responsible for the development of military aircraft such as the A400M transport aircraft. The A400M is used as an alternative to outsourced transport aircraft such as Antonov An-124 from Ukraine and C-130 transport aircraft from the United States, jointly developed by several NATO member states-Belgium, France, Germany, Luxembourg, Spain, Turkey and the United Kingdom.

On March 1, 2008, Airbus and Northrop Grumman announced that they had won a $35 billion contract from the U.S. Air Force to develop an American version of the A330MRTT-based KC. -45A, this decision has attracted strong complaints from Boeing.

Airbus and Boeing’s competition

Airbus mainly manufactures civilian transport aircraft. It was jointly established by the aerospace companies of France, Germany, the United Kingdom, and Spain in the European Union. Since its establishment in 1970, it has gradually developed into Boeing’s main competitor. Boeing’s market share in civil transport aircraft has been eroded by Airbus. A face-to-face battle for orders is almost launched on a global scale. While the two sides compete fiercely, they continue to accuse each other of “unfair” competition. Boeing accused the governments of the four countries of providing substantial subsidies to Airbus and providing low-interest loans to airlines purchasing Airbus aircraft, violating relevant World Trade Organization rules. Airbus in turn accused Boeing and Its contractors have also received huge government subsidies. This triggered a trade dispute between the US and EU governments. Senior managers of the two sides are also using various occasions to engage in war of words.

Appendix 2: Airbus Helicopter ( Airbus Helicopter )

Airbus Helicopter

Airbus Helicopter, formerly known as Eurocopter, is one of the companies under the Airbus Group and is currently the world’s largest helicopter manufacturing company. At present, Airbus Helicopters has 3 spare parts centers around the world, which are located in Paris, Dallas and Hong Kong. The company’s headquarters are located at Marseille Provence Airport in Marignan, France. The current CEO is Lutz Bertling. On January 2, 2014, as the European Aviation Defense and Space Company (EADS) was renamed Airbus Group, its subsidiary Eurocopter was also renamed Airbus Helicopters.

In 1992, Daimler -Benz Aerospace and Aerospace France separated and integrated the helicopter division to form the Eurocopter Group, which was the predecessor of Airbus Helicopters.

Airbus Helicopters and its predecessor companies have established many firsts in the development of helicopters, including the first helicopter to use gas turbine engines (Skylark II helicopter), and the first time that the helicopter tail propeller was changed to a ducted tail rotor (Gazelle). Helicopter), the first helicopter that can fly in icy environments (AS332 Super Puma helicopter), the first helicopter (NH90 helicopter) that applies the wire-by-wire flight control system to the helicopter design, and the first helicopter that transmits light The flight control system is applied to the helicopter design (EC135 helicopter), the first helicopter that can land on Everest (Squirrel 1 helicopter).

At present, Airbus Helicopters has four main factories in Europe (Marignan and Xinting, France, Donauwert and Kassel, Germany), and 32 subsidiaries and partners all over the world in Australia. Lisbon, Albacete, Spain, Prairie City, etc.

On January 2, 2014, the European Aviation Defense and Space Corporation (EADS) reorganized several of its divisions and integrated with Airbus, and changed its name to Airbus Group. The original EADS subsidiary Eurocopter also changed its name. It is Airbus Helicopter.

Products of Airbus Helicopters:

  • AS332
  • AS350
  • AS355
  • AS365
  • AS532
  • AS550/AS555
  • AS565
  • EC120 (co-developed with Harbin Aviation Industry, etc.)
  • EC130
  • EC135
  • EC145
  • EC155
  • EC175 (co-developed with Harbin Aviation Industry)
  • EC225
  • EC635
  • EC645
  • EC665
  • EC725
  • HH/MH-65C/D
  • NH90
  • Surion (jointly developed with Korean Aerospace Industry)
  • UH-72
  • X3
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