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May 04, 2015 10:42 AM 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

Blagnac

Cedex

Toulouse,  31707

France

Founded in 1970

Phone:

33 5 61 93 33 33

Fax:

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

Airbus Announces Earnings Results for the First Quarter of 2015

Airbus announced earnings results for the first quarter of 2015. For the quarter, the company reported net profit of EUR 792 million compared with EUR 439 million a year earlier. Revenues EUR were 12.1 billion, down from EUR 12.6 billion in the first quarter 2014.

RwandAir Orders Two Airbus A330 Jets

Airbus announced that RwandAir has signed a memorandum of understanding for two A330 aircraft to add the wide-body airliners to its fleet. Delivery of the aircraft is scheduled for the second half of 2016. RwandAir will use the planes on medium and long-haul destinations in Europe.

Airbus and SIA Engineering Company to Provide Maintenance Training Services in Singapore

Airbus and SIA Engineering Company announced the companies are joining hands to provide maintenance and engineering training services for Airbus aircraft in Singapore. Under the agreement, SIAEC will use Airbus standards, tools and teaching techniques to provide aircraft manufacturer-backed maintenance training capabilities to its employees and to third party personnel in the region. For Airbus, this means being able to better support clients in the region, which account for a sizeable portion of its orders. In addition, SIAEC Training Academy will be equipped with Airbus' most up-to-date maintenance training devices and courseware for aircraft families such as the A320/A330, A380 and the new A350. As an Airbus Maintenance Training Centre, the Training Academy will be able to carry out contractual training for Airbus' customers.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 19, 2015
CIMPA SAS
 

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