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Airbus S.A.S.
(redirected from airbus)

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Airbus S.A.S.

European aircraft manufacturer that is the world's second largest maker of commercial aircraft (after Boeing Co.). It is co-owned by the German-French-Spanish European Aeronautic Defence and Space Company (EADS), with an 80% interest, and Britain's BAE Systems, with 20%. Airbus was formed as a consortium in 1970 by French and German aerospace firms (later joined by Spanish and British companies) to fill a market niche for short- to medium-range, high-capacity jetliners and to compete with long-established American manufacturers. Its first product, the A300, entered service in 1974. It was the first wide-body jetliner equipped with only two engines for more economical operation. The twin-engine A320 (entered service 1988) incorporated numerous technical innovations, notably fly-by-wire (electric rather than mechanically linked), computer-based flight controls. The four-engine A340 (1993) and smaller, twin-engine A330 (1994) were long-range airliners. In 2007 Airbus launched the A380, the world's largest airliner, with a standard seating of 555 people and a maximum capacity of 853.



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Airbus could soon be without a single order for the freighter version of its A380 superjumbo, a market the planemaker only recently said held demand for 400 planes.
Airbus called Boeing's new 787 Dreamliner "dreaming in Seattle," and Airbus's then-CEO Noel Forgard dismissed the 787 as a "Chinese copy of [Airbus's] A330.
Good news for Boeing, he said, if Airbus is subject to the same pressures from stockholders as Boeing: having to detail and justify business decisions and make its owners money.
 
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