February 27, 2015 9:11 PM ET

Aerospace and Defense

Company Overview of Airbus S.A.S.

Company Overview

Airbus S.A.S., along with its subsidiaries, manufactures aircraft. It offers commercial aircraft, double-deck aircraft, passenger aircraft, corporate jets, freighter aircraft, and military aircraft. Airbus S.A.S. was formerly known as Airbus Industrie GIE. The company was founded in 1970 and is based in Toulouse, France. It has subsidiaries in the United States, China, Japan, India, and the Middle East; spare parts centers in Hamburg, Frankfurt, Washington, Beijing, and Singapore; training centers in Toulouse, Miami, Hamburg, and Beijing; and field service offices around the world. Airbus S.A.S. operates as a subsidiary of Airbus Group N.V.

1, Rond Point Maurice Bellonte



Toulouse,  31707


Founded in 1970


33 5 61 93 33 33


33 5 61 93 44 51

Key Executives for Airbus S.A.S.

Chief Executive Officer and President
Age: 53
Chief Financial Officer
Age: 48
Chief Operating Officer
Age: 61
Chairman of European Aeronautic Defence & Space Company and Co-Chief Executive Officer of European Aeronautic Defence & Space Company
Age: 70
Co-Chief Executive of Eads
Age: 56
Compensation as of Fiscal Year 2014.

Airbus S.A.S. Key Developments

Gulf Federation Reaches Deal of $1 Billion to Buy Satellite Systems from Airbus and Thales

An official in the United Arab Emirates says the Gulf federation has reached a deal valued at just over $1 billion to buy satellite systems from European manufacturers Airbus and Thales. The deal was announced on January 23, 2015, the second day of the International Defence Exhibition, in the Emirati capital, Abu Dhabi. The seven-state Emirates federation has been investing heavily in space technology, and last year announced plans to send the first unmanned Arab spaceship to Mars.

Avianca Holdings S.A. Signs Memorandum of Understanding with Airbus S.A.S

Avianca Holdings S.A. through its subsidiaries Aerovías del Continente Americano S.A. Avianca, Grupo Taca Holdings Limited and Avianca Leasing, LLC, has signed a Memorandum of Understanding with Airbus S.A.S that sets forth the basis for the negotiation of a new A320neo family purchase agreement for a total of 100 aircraft. As part of the implementation of fleet modernization plan, the Airbus A320neo aircraft are expected to be incorporated into the operations of Avianca Holdings S.A. starting 2019. Most of these A320neo aircraft are expected to replace aircraft currently in operation.

Korean Air, Airbus to Have Partnership on Fighter Jet Project

Korean Air plans to sign a partnership agreement with Europe's Airbus Defence and Space to jointly participate in Seoul's indigenous fighter development project. Under the project, codenamed KF-X, the government plans to spend CNY 8.5 trillion ($7.95 billion) to develop indigenous F-16 class fighter jets, which are scheduled for service from 2025, to replace aging F-4 and F-5 jets.

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