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July 03, 2015 7:54 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. 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

Airbus Enters into Long-Term Agreement with Tunisair Group

Airbus SAS and Tunisair Group have entered into a long-term agreement to establish maintenance training services in Tunis, Tunisia. Within this collaboration, Tunisair Group will acquire Airbus training tools and teaching techniques standards to provide OEM backed maintenance training capabilities for its personnel and for other A320 and A330 Family operators in the region. This collaboration will leverage competences acquisition due to un-equalled technology training media and courseware in accordance with EASA/Part-147 requirements: the Airbus Competence Training ACT concept, bringing virtual Airbus aircraft into digital classroom within Tunisair Group facilities. This Training by Airbus collaboration will include: Integration of Tunisair TechnicsTraining Division and its instructors in the Airbus Maintenance Training Organisation Exposition (MTOE); A320, A330 certifying and specialised maintenance courses developed by Airbus will be delivered by Tunisair; Access to digital tools and real aircraft within Tunisair MRO facilities to complete the entire footprint of Airbus maintenance training; and Issuance of Airbus certificates.

Airbus Faces Lawsuit Filed by 10 Families of AirAsia Indonesia Crash Victims

Airbus is being sued by 10 families of passengers who were on board the fatal AirAsia Indonesia flight QZ 8501 when it crashed into the Java Sea last December. The single-aisle A320 aircraft was Singapore-bound from Surabaya when it ran into bad weather. The crash killed 162 passengers and crew. Preliminary investigations have revealed that in addition to the inclement weather, the aircraft had suffered a malfunction of the fly-by-wire system.

China Aviation Supplies Signs with Airbus a General Terms Agreement for 45 A330 Family Aircraft and Memorandum of Understanding for Options for 30 A330s

China Aviation Supplies Holding Company (CAS) has signed with Airbus a General Terms Agreement (GTA) for 45 A330 Family aircraft and a Memorandum of Understanding (MoU) for options for 30 A330s. The agreements reflect the continuous popularity of the versatile A330 Family in the fast growing market.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 19, 2015
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