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July 29, 2015 11:24 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. has a strategic agreement with Aerolineas Argentinas. 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 A...

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: 54
Chief Financial Officer
Age: 49
Chief Operating Officer
Age: 62
Chairman of European Aeronautic Defence & Space Company and Co-Chief Executive Officer of European Aeronautic Defence & Space Company
Age: 71
Co-Chief Executive of Eads
Age: 57
Compensation as of Fiscal Year 2015.

Airbus S.A.S. Key Developments

Government of Georgia Signs Contract with MBDA, Consortium Between Finmeccanica, Airbus and BAE Systems

The government of Georgia has signed a contract with MBDA, a consortium between Finmeccanica, Airbus and BAE Systems, for the delivery of a defence system. Georgia Defence Minister Tinatin Khidasheli signed the contract, which is expected to be implemented on 1 January 2016.

Airbus, Tianjin Free Trade Zone Investment Company Ltd. and Aviation Industry Corporation of China Signs Framework Agreement

Airbus and its Chinese partners, namely the Tianjin Free Trade Zone Investment Company Ltd. (TJFTZ) and the Aviation Industry Corporation of China (AVIC), have signed a framework agreement on setting up an A330 Completion and Delivery Centre (C&DC) in Tianjin, China, taking the partnership between Airbus and China a further step forward following the successful establishment of an A320 Family Final Assembly Line and Delivery Center in the Chinese city. The A330 C&DC Tianjin will be located near the site of the Airbus A320 Family Final Assembly Line in Tianjin. The C&DC will cover the aircraft completion activities including reception, cabin installation, aircraft painting, engine run and flight test, as well as aircraft delivery and customer flight acceptance. Under the project, the A330 Family aircraft to be completed at the A330 C&DC Tianjin will be assembled in Toulouse but will be painted and have their cabin furnished and installed in Tianjin. On the same occasion, Airbus has also signed a Letter of Intent with AVIC on cabin development cooperation and procurement frame contract with Zhejiang Xizi Aerospace Fastener Co. Ltd. for design, development, manufacturing, and supply of standard fastener parts.

Airbus to Establish A330 Delivery Center in Tianjin

Airbus, Tianjin Port Bonded Area and AVIC on July 2, 2015 signed a framework agreement on establishing an A330 completion and delivery center in Tianjin. This will be the third significant cooperation between Airbus and Tianjin after an A320 aircraft final assembly line and a delivery center. Related letter of intent was sealed last year. The A330 completion and delivery center will be near from the A320 final assembly line and construction term will be two years. Besides aircraft acceptance, cabin installation, painting, engine and flight test, the center will take charge of issues related to delivery. Aircrafts that compete final assembly will be transport to Tianjin for cabin installation and painting. The first Tianjin-produced A330 will be delivered in 2017. In the future, two A330 will be delivered there a month.

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