What is Airbus?
Airbus is a European international aerospace and defence company that designs, manufactures and delivers commercial aircraft and helicopters, as well as space and defence solutions and products.
The French, German and Spanish governments currently hold a combined 26.4% of the shares through state holding companies, and the remaining 73.6% of shares are freely floated.
The UK was a founding member of the Airbus consortium, and the company is the largest commercial aerospace firm in Britain.
Each year Airbus spends over £5 billion on deals with UK suppliers. Airbus’ UK supply chain comprises more than 4,000 companies, from Rolls-Royce and GKN to hundreds of small-to-medium-sized suppliers, making it a key player in Britain.
Although Airbus is better known for its commercial aircraft, it’s also a global leader in the defence sector. It’s the biggest defence contractor in Europe, and among the top 10 defence companies worldwide.
It’s also the biggest supplier of large aircraft to the Royal Air Force. Airbus is the no. 3 company worldwide in secure communication platforms, delivering innovative digital services for defence and cybersecurity applications.
Who are the key people at Airbus?
Dr Thomas Enders has been the Chief Executive Officer of Airbus since 2012, having previously served as CEO of the Airbus Commercial Aircraft Division. He’s been a member of the Executive Committee of Airbus SE since its creation in 2000.
Other key figures at Airbus include Fabrice Brégier, Chief Operating Officer of Airbus and President of Airbus Commercial Aircraft; Dirk Hoke, Chief Executive Officer of Airbus Defence and Space; and Tom Williams, Chief Operating Officer of Airbus Commercial Aircraft. Denis Ranque is Chairman of the Board of Directors of Airbus.
What is the modern history of Airbus?
Airbus Industrie started out in 1970 as a consortium of European aviation companies – the aim being to compete with U.S. giants such as Boeing, Lockheed and McDonnell Douglas. Various complex corporate restructurings took place over the ensuing decades.
One key trend was discernible over the first 20 years of its existence: whereas in the early years of Airbus the governments of the founding countries provided financial aid for the research and development of new aircraft, by 1989 Airbus projects were financed entirely by internally generated cash flow and external commercial sources.
Where is Airbus traded?
Airbus shares are traded on the Euronext Paris, the Madrid and Frankfurt Stock Exchanges. Airbus is a component of the CAC 40 and Euro Stoxx 50 indices. Check Capital.com for the latest Airbus share price (AIR share price).