Aerospace and Defense
Company Overview of Airbus S.A.S.
Airbus S.A.S. manufactures and sells aircrafts for airline customers and other operators around the globe. The company offers jetliner products; passenger aircraft; corporate jets in corporate, VIP, and government aviation versions; freighter aircraft for general and express freight markets; and military aircraft, including military and humanitarian transport airlifters. It also sells/leases its used aircraft to airlines; and offers support services, including on-demand commercial charter flights, airline launch consultancy, engineering and maintenance, flight hour, technical and spare parts, crew and personnel training, e-solutions for airlines’ processes, aircraft upgrading, and field serv...
1, Rond Point Maurice Bellonte
Founded in 1970
Key Executives for Airbus S.A.S.
Chief Executive Officer and President
Chief Financial Officer and Member of Executive Committee
Chairman of European Aeronautic Defence & Space Company and Co-Chief Executive Officer of European Aeronautic Defence & Space Company
Co-Chief Executive of EADS
Compensation as of Fiscal Year 2012.
Airbus S.A.S. Key Developments
Srilankan Airlines to Acquire Six Airbus A350-900 and Seven A330-300 Aircraft
Apr 28 13
SriLankan Airlines will acquire six Airbus A350-900 and seven A330-300 aircraft to upgrade its product and cut costs starting from October 2014. SriLankan will acquire 10 aircraft from Airbus through a mix of operating and finance leases in a deal which has a 'present value' of USD 1.2 billion and another three from an aircraft leasing firm. Cabinet approval has been given to sign a memorandum of understanding with Airbus for 10 purchase options and the first aircraft is expected to arrive starting from October 2014. The aircraft are to be delivered over 7 years. In the first phase six Airbus A340 aircraft which are up to 18 to 16 years old will be replaced by A330-300 aircraft. Seven A330-200 aircraft which are around 13 to 16 years old will be replaced starting from 2017 with A350-900 aircraft. Three will come from an aviation leasing firm as there were no manufacturing slots available at Airbus in that period. The balance four A350s will be acquired from Airbus Industries starting from 2019.
International Consolidated Airlines Group, S.A. Orders Airbus A350 Aircraft
Apr 22 13
International Consolidated Airlines Group, S.A. is ordering Airbus A350 aircraft for the group's longhaul fleet. For British Airways, there are 18 A350-1000 firm orders, plus 18 options. These are in addition to 18 Boeing 787 options which IAG announced previously that it plans to convert into firm orders. The A350 and Boeing 787 firm orders will be used to replace 30 Boeing 747-400 aircraft between 2017 and 2023 while the options can be used to replace aircraft or provide opportunities for growth. For Iberia, IAG has also reached agreement with Airbus as well as Boeing to secure commercial terms and delivery slots that could lead to firm orders for A350s and/or Boeing 787s. Firm orders will only be made when Iberia is in a position to grow profitably, having restructured and reduced its cost base. The A350 will be powered by Rolls-Royce Trent XWB engines. The order includes a comprehensive maintenance package with total care agreement.
Airbus S.A.S. Breaks Ground on its First US Assembly Plant in Mobile, Alabama
Apr 9 13
Airbus S.A.S. broke ground on its first US assembly plant in Mobile, Alabama, hoping it will help carve a greater share in the US market for the European aircraft maker. The company expects to assemble its A319, A320 and A321 models in Mobile, with the first to be delivered in 2016.
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