Airbus

Airbus SE (/ˈɛərbʌs/; French: [ɛʁbys] (listen); German: [ˈɛːɐ̯bʊs] (listen); Spanish: [ˈejɾbus]) is a European[7] multinational aerospace corporation. The 'SE' in the name refers to Societas Europaea, which enables it to be registered as European rather than Dutch. As of 2019, Airbus is the world's largest airliner manufacturer and took the most airliner orders.[8] Airbus is registered in the Netherlands; its shares are traded in France, Germany and Spain. It designs, manufactures and sells civil and military aerospace products worldwide and manufactures aircraft in the European Union and various other countries. The company has three divisions: Commercial Aircraft (Airbus S.A.S.), Defence and Space, and Helicopters, the third being the largest in its industry in terms of revenues and turbine helicopter deliveries.[9]

Airbus SE

Lagardère production plant in Toulouse, France
Formerly	Parent company: European Aeronautic Defence and Space Company NV (2000–2014), Airbus Group NV (2014–2015), Airbus Group SE (2015–2017) Subsidiary: Airbus Industrie GIE (1970–2001), Airbus SAS (2001–today)
Type	Societas Europaea (SE)
Traded as	Euronext Paris: AIR BMAD: AIR FWB: AIR CAC 40 Component Euro Stoxx 50 component
ISIN	NL0000235190
Industry	Aerospace, Defence
Predecessor	Aérospatiale-Matra, DASA, and CASA
Founded	18 December 1970 (1970-12-18) (as Airbus Industrie GIE)
Founder	Roger Béteille, Felix Kracht, Henri Ziegler, Franz Josef Strauss
Headquarters	Blagnac, Greater Toulouse, France (main office)[1] Leiden, Netherlands (headquarters) Madrid, Spain (international office)
Area served	Worldwide
Key people	René Obermann (Chairman)[2] Guillaume Faury (CEO)[3]
Products	Civilian A220, A300, A310, A318, A319, A320, A321, A330, A340, A350, A380 unmanned aerial vehicles
Revenue	€70.5 billion[4] (2019)
Operating income	€5.04 billion[4] (2019)
Net income	€3.05 billion[4] (2019)
Total assets	€115.19 billion[5] (2018)
Total equity	€9.72 billion[5] (2018)
Owner	As of 31 December 2019:[6] SOGEPA (France): 11.0% GZBV (Germany): 10.9% SEPI (Spain): 4.1% Others: 74.0%
Number of employees	133,671 (2018[5])
Divisions	Airbus Defence and Space SAS Airbus Helicopters SAS
Subsidiaries	Airbus S.A.S. Airbus Group, Inc. Airbus Corporate Jets Airbus Operations S.A.S. Navblue Stelia Aerospace Airbus Transport International Testia
Website	www.airbus.com

The company's main civil aeroplane business is conducted through the French company Airbus S.A.S.[10], based in Blagnac, a suburb of Toulouse, with production and manufacturing facilities mostly in Europe (France, Germany, Spain, United Kingdom) but also in China, the United States and Canada. Final assembly production is based in Toulouse, France; Hamburg, Germany; Seville, Spain; Tianjin, China; Mobile, United States; and Montreal, Canada.[11] The company produces and markets the first commercially viable digital fly-by-wire airliner, the Airbus A320,[12][13] and the world's largest passenger airliner, the A380. The 12,000th aircraft, an A220, was delivered to Delta Air Lines on 20 May 2019.[14] By October 2016, the global Airbus fleet have performed more than 110 million flights, totalling over 215 billion kilometres and carrying 12 billion passengers.[15]

Airbus's registered headquarters is in Leiden, Netherlands, with the operating head office located in Toulouse.[16] The company is led by CEO Guillaume Faury and is a component of the Euro Stoxx 50 stock market index.

History

Main article: History of Airbus

The current company is the product of consolidation in the European aerospace industry tracing back to the formation of the Airbus Industrie GIE consortium in 1970. In 2000, the European Aeronautic Defence and Space Company (EADS) NV was established. In addition to other subsidiaries pertaining to security and space activities, EADS owned 100% of the pre-existing Eurocopter SA, established in 1992, as well as 80% of Airbus Industrie GIE. In 2001, Airbus Industrie GIE was reorganised as Airbus SAS, a simplified joint-stock company. In 2006, EADS acquired BAE Systems's remaining 20% of Airbus.[17] EADS NV was renamed Airbus Group NV and SE in 2014, and 2015, respectively.[18][19][20] Due to the dominance of the Airbus SAS division within Airbus Group SE, the executive committees of the parent and subsidiary companies were aligned in January 2017, but the companies were kept as separate legal entities. The holding company was given its present name in April 2017.[21]

Airbus SE (Est. 2000, renamed 2017)	Aérospatiale-Matra (Est. 1999)   Aérospatiale (Formed 1970)     Matra (Est. 1937)     DaimlerChrysler Aerospace AG (Est. 1989)   Daimler-Benz's aerospace interests     MTU München (Est. 1934)     Dornier Flugzeugwerke (Est. 1922)     Messerschmitt-Bölkow-Blohm (Est. 1968)       Construcciones Aeronáuticas SA (Est. 1923)

The logos of Airbus Industrie GIE and Airbus SAS displayed a stylised turbine symbol, redolent of a jet engine, and a font similar to Helvetica Black. The logo colours were reflected in the standard Airbus aircraft livery in each period. The EADS logo between 2000 and 2010 combined the logos of the merged companies, DaimlerChrysler Aerospace AG (a four-ray star) and Aérospatiale-Matra (a curved arrow), after which these elements were removed and a new font with 3D shading was chosen. This font was retained in the logos of Airbus Group NV (2014–2015) and Airbus Group SE (2015–2017), then Airbus SE:

• 
  Original, for Airbus A300
• 
  2014–2017
• 
  2017–Present

Products

Civilian

The Airbus A380, the world's largest airliner

The Airbus product line started with the A300 in 1972, the world's first twin-aisle, twin-engined aircraft. A shorter, re-winged, re-engined variant of the A300 is known as the A310.

Building on its success, Airbus launched the A320, particularly notable for being the first commercial jet to use a digital fly-by-wire control system. The A320 has been, and continues to be, a major commercial success. The A318 and A319 are shorter derivatives with some of the latter under construction for the corporate business jet market as Airbus Corporate Jets. A stretched version is known as the A321. The A320 family's primary competitor is the Boeing 737 family.[22]

The longer-range widebody products— the twin-jet A330 and the four-engine A340— have efficient wings, enhanced by winglets. The Airbus A340-500 has an operating range of 16,700 kilometres (9,000 nmi), the second longest range of any commercial jet after the Boeing 777-200LR (range of 17,446 km or 9,420 nautical miles).[23]

All Airbus aircraft developed since then have cockpit systems similar to the A320, making it easier to train crew. Production of the four-engine A340 was ended in 2011 due to lack of sales compared to its twin-engine counterparts, such as the Boeing 777.[24]

Airbus is studying a replacement for the A320 series, tentatively dubbed NSR, for "New Short-Range aircraft".[25][26] Those studies indicated a maximum fuel efficiency gain of 9–10% for the NSR. Airbus however opted to enhance the existing A320 design using new winglets and working on aerodynamical improvements.[27] This "A320 Enhanced" should have a fuel efficiency improvement of around 4–5%, shifting the launch of an A320 replacement to 2017–2018.

On 24 September 2009, the COO Fabrice Bregier stated to Le Figaro that the company would need from €800 million to €1 billion over six years to develop the new aircraft generation and preserve the company technological lead from new competitors like the Chinese Comac C919,[28] scheduled to operate by 2015–2020.[29]

In July 2007, Airbus delivered its last A300 to FedEx, marking the end of the A300/A310 production line. Airbus intends to relocate Toulouse A320 final assembly activity to Hamburg, and A350/A380 production in the opposite direction as part of its Power8 organisation plan begun under ex-CEO Christian Streiff.[30]

Airbus supplied replacement parts and service for Concorde until its retirement in 2003.[31][32]

Product list and details (date information from Airbus)

Aircraft	Description	Seats	Max	1st flight	Production ceased
A220	2 engines, single aisle, originally Bombardier CSeries	108–130	133–160	2013-09-16
A300	2 engines, twin aisle	228–254	361	1972-10-28	2007-03-27 (561 built)
A310	2 engines, twin aisle, modified A300	187	279	1982-04-03	2007-03-27 (255 built)
A318	2 engines, single aisle, shortened 6.17 m from A320	107	132	2002-01-15	2013-12-31 (80 built)
A319	2 engines, single aisle, shortened 3.77 m from A320	124	156	1995-08-25
A320	2 engines, single aisle	150	186	1987-02-22
A321	2 engines, single aisle, lengthened 6.94 m from A320	185	240	1993-03-11
A330	2 engines, twin aisle	246–300	406–440	1992-11-02
A340	4 engines, twin aisle	239–380	380–440	1991-10-25	2011-11-10 (377 built)[24]
A350	2 engines, twin aisle	270–350	475	2013-06-14
A380	4 engines, double deck, twin aisle	555	853	2005-04-27	2021 (planned)[33]

VIP aircraft Airbus A330 of Qatar Amiri Flight taxiing on Zagreb airport

Airbus Corporate Jets markets and modifies new aircraft for private and corporate customers. It has a model range that parallels the commercial aircraft offered by the company, ranging from the A318 Elite to the double-deck Airbus A380 Prestige. Following the entry of the 737 based Boeing Business Jet, Airbus joined the business jet market with the A319 Corporate Jet in 1997. Although the term Airbus Corporate jet was initially used only for the A319CJ, it is now often used for all models, including the VIP widebodies. As of December 2008, 121 corporate and private jets are operating, 164 aircraft have been ordered, including an A380 Prestige and 107 A320 family Corporate Jet.[34]

In September 2014, Aerion partnered with Airbus (mainly Airbus Defence)[35] to collaborate on designing the Aerion AS2, a supersonic 11-seater private business jet, hoping for a market entry in 2021.[36] Airbus was replaced with Lockheed Martin in 2017.[37]

Consumer products

In June 2013, Airbus announced that it was developing a range of "smart suitcases" known as Bag2Go for air travellers, in conjunction with luggage-maker Rimowa and IT firm T-Systems.[38][39] The cases feature a collection of built-in electronic gadgets which communicate with a smartphone app and with the IT systems of the airline, to assist the traveller and improve reliability and security of baggage handling. Gadgets include a weighing scale and a location tracker, using GPS for location tracking, RFID for identification, and a SIM card for messaging.[40][41] Since then, similar products have been announced by other companies.

Military

In the late 1990s Airbus became increasingly interested in developing and selling to the military aviation market. It embarked on two main fields of development: aerial refuelling with the Airbus A310 MRTT (Multi-Role Tanker Transport) and the Airbus A330 MRTT, and tactical airlift with the Airbus A400M Atlas.

The first A400M in Seville on 26 June 2008

In January 1999 Airbus established a separate company, Airbus Military SAS, to undertake development and production of a turboprop-powered tactical transport aircraft, the A400M.[42][43] The A400M is being developed by several NATO members, Belgium, France, Germany, Luxembourg, Spain, Turkey, and the UK, as an alternative to relying on foreign aircraft for tactical airlift capacity, such as the Ukrainian Antonov An-124 Ruslan[44] and the American C-130 Hercules.[45][46] The A400M project has suffered several delays;[47][48] Airbus has threatened to cancel the development unless it receives state subsidies.[49][50]

Pakistan placed an order for the Airbus A310 MRTT in 2008, which will be a conversion of an existing airframe as the base model A310 is no longer in production.[51] On 25 February 2008 Airbus won an order for three air refuelling MRTT aircraft, adapted from A330 passenger jets, from the United Arab Emirates.[52] On 1 March 2008 a consortium of Airbus and Northrop Grumman had won a $35 billion contract to build the new in-flight refuelling aircraft KC-45A, a US built version of the MRTT, for the USAF.[53] The decision drew a formal complaint from Boeing,[54][55] and the KC-X contract was cancelled to begin bidding afresh.[56][57]

Airbus aircraft numbering system

The Airbus numbering system is an alpha numeric model number followed by a dash and a three digit number.[58]

The model number often takes the form of the letter "A" followed by a '3', a digit, then followed normally by a '0', for example A350. There are some exceptions such as: A220, A318, A319, A321 and A400M. The succeeding three digit number represents the aircraft series, the engine manufacturer and engine version number respectively. To use an A380-800 with Engine Alliance (EA) GP7200 engines as an example; The code is 8 for series 800, 6 for Engine Alliance and engine version 1, thus the aircraft number is A380-861.

An additional letter is sometimes used. These include, 'C' for a combi version (passenger/freighter), 'F' for a freighter model, 'R' for the long range model, and 'X' for the enhanced model.

The typical Airbus numbering system does not apply to the A220, therefore it would be incorrect to label an A220-300 as "A220-371".

Engine codes

Code	Manufacturing company
0	General Electric (GE)
1	CFM International (GE and SNECMA, now a subsidiary of Safran)
2	Pratt & Whitney (P&W)
3	International Aero Engines (P&W, R-R, MTU, Kawasaki, Mitsubishi, and IHI)
4	Rolls-Royce (R-R)
5	CFM International (GE and SNECMA/Safran) (CFM International LEAP-1A for A320 NEO Family)
6	Engine Alliance (GE and P&W)
7	Pratt & Whitney (P&W) (Pratt & Whitney PW1100G for A320 NEO)

Orders and deliveries

Aircraft	Orders	Deliveries	In operation	Unfilled
A220	658	111	111	547
A300	561	561	235	—
A310	255	255	65	—
A320ceo*	8,127	8,065	7,602	62
A320neo*	7,395	1,248	1,248	6,147
A330ceo*	1,486	1,449	1,394	37
A330neo*	337	46	46	291
A340*	377	377	236	—
A350*	935	358	358	577
A380	251	242	240	9
Total	20,382	12,712	11,535	7,670

* All models included.

Data as of 29 February 2020.[59]

Organisation

Divisions

Revenues by division, as of 2014:[60]

  Commercial aircraft (69%)

  Defence and Space (21%)

  Helicopters (10%)

Revenues by division, as of 2018:[61]

  Commercial aircraft (74%)

  Defence and Space (17%)

  Helicopters (9%)

Commercial aircraft

An Airbus A330neo and a Qatar Airways Airbus A350-900 at Toulouse-Blagnac Airport

Commercial aircraft generated 66% of total revenue for the group in 2013.[62] The product portfolio of such aircraft encompasses short range models such as the A320 family and the world's largest passenger airliner, the A380.

• EADS Sogerma
• Airbus Executive and Private Aviation

Airbus Transport International

Airbus Transport International is a cargo airline that operates a fleet of five Airbus Beluga aircraft. The belugas carry aircraft parts from factories to final assembly lines. In 2020, three Airbus Beluga XL aircraft which can carry two A350 wings rather than one Airbus A350 wing. These will slowly replace the five original belugas in the coming years.

Defence and space

The division Airbus Defence and Space was formed in January 2014 as part of the group restructuring from the former EADS divisions Airbus Military, Astrium, and Cassidian (composed of Cassidian Electronics – develops and manufactures sensors, radars, avionics and electronic warfare systems for military and security applications, Cassidian Air Systems – develops manned and unmanned aerial systems (UAVs), mission avionics, electronic defence and warning systems and Cassidian Systems – provides global security systems such as command & control, lead system integration, TETRA and TETRAPOL communication systems for public safety, industry, transportation and defence. This line of business was the first one in the world to begin field tests with TETRA Enhanced Data Service (TEDS).[63]).[64]

• EADS 3 Sigma – a Hellenic company focused in the design, development, production and services provision of airborne and surface target drone systems.

The Airbus Military division, which manufactured tanker, transport and mission aircraft; Eurocopter, the world's largest helicopter supplier; Astrium, provided systems for aerial, land, naval and civilian security applications including Ariane, Galileo and Cassidian. Through Cassidian, EADS was a partner in the Eurofighter consortium as well as in the missile systems provider MBDA.

Helicopters

Airbus Helicopters, formerly known as Eurocopter, is a helicopter manufacturing and support company. See also: Airbus Helicopters, Inc.

Subsidiaries

• Airbus APWorks[65]
• AirBusiness Academy[66]
• Airbus Group, Inc. – (previously EADS North America) the U.S. holding company for the North American activities of Airbus Group
• Airbus Transport International - Cargo Airline managing the transportation of Airbus parts between different facilities.
• APSYS[67]
• CRISA
• Dornier Consulting
• NAVBLUE
• Premium AEROTEC[68]
• Satair
• Stelia Aerospace
• Testia

Joint ventures

Name	Holding	Description
Airbus Canada Limited Partnership[69]	75%	manufacturer of Airbus A220 aircraft
ArianeGroup	50%	manufacturer of Ariane 5 and Ariane 6 launch vehicles
Arianespace	30%	launch service provider
ATR	50%	manufacturer of ATR 42 and ATR 72 regional aircraft
Dassault Aviation	10%	manufacturer of Dassault Rafale and Dassault Mirage 2000
Eurofighter GmbH	46%	manufacturer of Eurofighter Typhoon
MBDA	37.5%	develops and manufactures missiles

In September 2014 Airbus considered divesting Dassault and several other units to focus on aerospace.[70] They reduced their shareholding in Dassault Aviation to 10% by the end of 2016.

Governance

The corporate management of the Airbus SE as of April 2019:[71]

Chief Executive Officer: Guillaume Faury

Executive Committee:

Member	Title
Dominik Asam	Chief Financial Officer
Thierry Baril	Chief Human Resources Officer
Jean-Brice Dumont	Executive Vice President Engineering
Bruno Even	Chief Executive Officer Airbus Helicopters
John Harrison	General Counsel
Dirk Hoke	Chief Executive Officer Airbus Defence and Space
Julie Kitcher	Executive Vice President Communications and Corporate Affairs
Philippe Mhun	Executive Vice President Programmes and Services
Christian Scherer	Chief Commercial Officer
Michael Schöllhorn	Chief Operations Officer
Grazia Vittadini	Chief Technology Officer

Corporate affairs

The subsidiary Airbus Middle East is headquartered in the Dubai Airport Free Zone.[72] This subsidiary opened in 2006.[73]

The subsidiary Airbus Japan K.K. (エアバス・ジャパン株式会社) is headquartered in the Roppongi Hills Mori Tower in Roppongi, Minato, Tokyo.[74]

International manufacturing presence

• 
  The main Airbus factory in Blagnac is located next to Toulouse-Blagnac Airport. (43°36′44″N 1°21′47″E)
• 
  Main Airbus factory in Hamburg, Germany
• 
  Main Airbus factory in Getafe, Madrid, Spain

Airbus has several final assembly lines for different models and markets. These are:

• Toulouse, France (A320, A330 family, A350 family and A380)
• Hamburg, Germany (A318, A319, A320 and A321)
• Seville, Spain (A400M)
• Tianjin, China (A319 and A320).
• Mobile, Alabama, USA — Airbus Mobile (A319, A320 and A321)
• Mirabel, Canada (A220)

Airbus, however, has a number of other plants in different European locations, reflecting its foundation as a consortium. An original solution to the problem of moving aircraft parts between the different factories and the assembly plants is the use of the Airbus Beluga, a modified cargo aircraft capable of carrying entire sections of fuselage. Boeing adopted a similar solution with 4 adapted 747-400s to transport the components of the 787. An exception to this scheme is the A380, whose fuselage and wings are too large for sections to be carried by the Beluga. Large A380 parts are brought by ship to Bordeaux, and then transported to the Toulouse assembly plant by the Itinéraire à Grand Gabarit, a specially enlarged waterway and road route.[75]

Airbus opened an assembly plant in Tianjin, People's Republic of China for its A320 series airliners in 2009.[76][77][78] Airbus started constructing a $350 million component manufacturing plant in Harbin, China in July 2009, which will employ 1,000 people.[79][80][81] Scheduled to be operated by the end of 2010, the 30,000 square metre plant will manufacture composite parts and assemble composite work-packages for the A350 XWB, A320 families and future Airbus programmes. Harbin Aircraft Industry Group Corporation, Hafei Aviation Industry Company Ltd, AviChina Industry & Technology Company and other Chinese partners hold the 80% stake of the plant while Airbus control the remaining 20%.[82]

North America is an important region to Airbus in terms of both aircraft sales and suppliers. 2,000 of the total of approximately 5,300 Airbus jetliners sold by Airbus around the world, representing every aircraft in its product line from the 107-seat A318 to the 565-passenger A380, are ordered by North American customers. According to Airbus, US contractors, supporting an estimated 120,000 jobs, earned an estimated $5.5 billion (2003) worth of business. For example, one version of the A380 has 51% American content in terms of work share value.

Plans for a Mobile, Alabama aircraft assembly plant were unveiled by Airbus CEO Fabrice Brégier from the Mobile Convention Centre on 2 July 2012. The plans include a $600 million factory at the Mobile Aeroplex at Brookley for the assembly of the A220, A319, A320 and A321 aircraft. It could employ up to 1,000 full-time workers when operational. Construction began on 8 April 2013, and became operable by 2015,[83] producing up to 50 aircraft per year by 2017.[84][85]

In February 2019, Airbus stated that production of the A380 will end in 2021 after Emirates, the biggest customer for the plane, reduced its outstanding order for 53 planes to just fourteen.[86]

Financial information

Revenues by region, as of 2013:[60]

  Europe (36%)

  Asia-Pacific (33%)

  North America (15%)

  Middle East (9%)

  Africa and Latin America (7%)

In October 2005 the British Ministry of Defence warned European politicians to stop, as it sees it, interfering in the corporate governance of EADS. The former UK Defence Procurement Minister Lord Drayson hinted that the UK government, a major customer for EADS, may withhold future contracts. "As a key customer, we see it as important for EADS to move in a direction that is free from political interference."[87]

On 4 April 2006, DaimlerChrysler announced its intention to reduce its shareholding from 30 % to 22.5 %. The company places a value of the stake at "approximately €2.0 billion."[88] Lagardère will reduce its holding by an identical amount. However, Caisse des Dépôts et Consignations, a unit of the French government, acquired 2.25 % of EADS. At issue as a result is the fact that the German and French shareholdings are now in imbalance.[89]

On 30 August 2006, shortly after the stock price decline caused by the A380 delivery delays, more than 5 % of EADS stock has been reportedly purchased by the Russian state-owned Vneshtorgbank.[90][91] Now its share is nearly 6 %. In December 2007, Vneshtorgbank sold EADS shares to another state-controlled bank Vneshekonombank. EADS sharers are to be delivered by Vneshekonombank to the charter capital of JSC "United Aircraft Corporation" in 2008.[92][93]

On 3 October 2006, shortly after EADS admitted further delays in the Airbus 380 programme would cost the company 4.8 billion euros in lost earnings in 2010, EADS shares, traded on the Paris arm of Euronext, were suspended after they surpassed the 10 % loss limit. Trading resumed later in the day with the one-day loss holding at 7 %.

In 2007, Dubai Holding acquired 3.12 % of EADS stock, making the Dubai buy-out fund one of the largest institutional shareholders.[94]

In 2008, EADS had arms sales equivalent of $17.9 billion, which constituted 28 % of total revenue.[95]

In April 2013, Daimler sold its shares in EADS.[96]

As of 22 June 2018, 73.6 % of Airbus Group stock is publicly traded on six European stock exchanges, while the remaining 26.4 % is owned by a "Contractual Partnership". As at 26 April 2018, the partnership is owned by SOGEPA (11.1%), GZBV (11.1%) and SEPI (4.2%). SOGEPA is owned by the French State, GZBV is majority owned by KfW, while SEPI is a Spanish state holding company.[97]

In April 2020, Airbus announced that it has cut aircraft production by a third due to the Covid-19 outbreak. According to Guillaume Faury, the company was "bleeding cash at an unprecedented speed." The recession put its survival at stake and presented the need for deep job cuts throughout all Airbus departments. 3,000 workers in France were involved in government-assisted furlough schemes.[98]

Finances[99]	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004
Sales EUR billion	59.256	56.480	49.128	45.752	42.822	43.265	39.123	39.434	34.206	31.761
EBITDA in Mio. EUR	4.575	4.142	3.473	2.769	1.446	4.439	1.751	2.033	4.365	3.841
EBIT in Mio. EUR	2.661	2.186	1.696	1.231	(322)	2.830	52	399	2.852	2.432
Research and development costs EUR million	3.160	3.142	3.152	2.939	2.825	2.669	2.608	2.458	2.075	2.126
Consolidated net income EUR million	1.465	1.198	1.104	584	(722)	1.613	(433)	199	1.769	1.342
Earnings per share in EUR	1,85	1,46	1,27	0,68	(0,94)	1,95	(0,56)	0,12	2,11	1,50
Dividend per share in EUR	0,75	0,60	0,45	0,22	0,00	0,20	0,12	0,12	0,65	0,50
Free cash flow in EUR million	(818)	3.472	958	2.707	585	2.559	3.354	2.029	2.413	1.614
New orders in EUR million	218.681	102.471	131.027	83.147	45.847	98.648	136.799	69.018	92.551	44.117
Order backlog at 31.12. in EUR million	686.734	566.463	540.978	448.493	389.067	400.248	339.532	262.810	253.235	184.288
Employees (number) 31.12.	144.061	140.405	133.115	121.691	119.506	118.349	116.493	116.805	113.210	110.662
accounted for under IFRS; The fiscal year ends on 31/12.

Sales of military equipment in 2012 amounted to 15.4 billion US dollars.[100]

Environmental record

Airbus has committed to the "Flightpath 2050", an aviation industry plan to reduce noise, CO₂, and NOx emissions.[101]

Airbus was the first aerospace business to become ISO 14001 certified, in January 2007; this is a broader certification covering the whole organisation, not just the aircraft it produces.[102]

In association with Honeywell and JetBlue Airbus has developed a biofuel to reduce pollution and dependence on fossil fuels, claiming that this has the potential to replace up to a third of the world's aviation fuel. Algae-based biofuel absorbs carbon dioxide during growth and does not compete with food production. This alternative may be commercially available by 2030 but algae and other vegetation-based fuels are in an early stage of development and fuel-bearing algae has been expensive to develop.[103] Airbus offers delivery flights to airlines using a 10% biofuel blend in standard engines. The fuel does not cut carbon emissions but is free of sulphur emissions and demonstrates that the fuel could be used in commercial flights in unmodified engines.[104]

Controversies

Government subsidies

Boeing has continually protested over "launch aid" and other forms of government aid to Airbus, while Airbus has argued that Boeing receives illegal subsidies through military and research contracts and tax breaks.[105]

In July 2004 former Boeing CEO Harry Stonecipher accused Airbus of abusing a 1992 bilateral EU-US agreement providing for disciplines for large civil aircraft support from governments. Airbus is given reimbursable launch investment (RLI), called "launch aid" by the US, from European governments with the money being paid back with interest plus indefinite royalties, but only if the aircraft is a commercial success.[106] Airbus contends that this system is fully compliant with the 1992 agreement and WTO rules. The agreement allows up to 33% of the programme cost to be met through government loans which are to be fully repaid within 17 years with interest and royalties. These loans are held at a minimum interest rate equal to the cost of government borrowing plus 0.25%, which would be below market rates available to Airbus without government support.[107] Airbus claims that since the signature of the EU-US agreement in 1992, it has repaid European governments more than U.S.$6.7 billion and that this is 40% more than it has received.

Airbus argues that the military contracts awarded to Boeing, the second largest U.S. defence contractor, are in effect a form of subsidy, such as the controversy surrounding the Boeing KC-767 military contracting arrangements. The significant U.S. government support of technology development via NASA also provides significant support to Boeing, as do the large tax breaks offered to Boeing, which some people claim are in violation of the 1992 agreement and WTO rules. In its recent products such as the 787, Boeing has also been offered direct financial support from local and state governments.[108]

In January 2005 the European Union and United States trade representatives, Peter Mandelson and Robert Zoellick respectively, agreed to talks aimed at resolving the increasing tensions.[109][110] These talks were not successful with the dispute becoming more acrimonious rather than approaching a settlement.[111]

WTO ruled in August 2010 and in May 2011 that Airbus had received improper government subsidies through loans with below market rates from several European countries.[112] In a separate ruling in February 2011, WTO found that Boeing had received local and federal aid in violation of WTO rules.[113]

Cluster bomb allegation

In 2005 the Government Pension Fund of Norway recommended the exclusion of several companies producing cluster bombs or components. EADS and its sister company EADS Finance BV were among them, arguing that EADS manufactures "key components for cluster bombs". The criticism was centred around TDA, a joint venture between EADS and Thales S.A. TDA produced the mortar ammunition PR Cargo, which can be considered cluster ammunition, however this definition has since been successfully battled by EADS. EADS and its subsidiaries are now regarded as fulfilling all the conditions of the Ottawa Treaty. According to the new point of view, no product of EADS or its subsidiaries falls into the category of antipersonnel mines as defined by the Ottawa Treaty ("landmines under the Ottawa Treaty"). In April 2006, the fund declared that the basis for excluding EADS from investments related to production of cluster munitions is no longer valid, however its shareholding of MBDA means the fund still excludes EADS due to its indirect involvement in nuclear weapons production.[114]

Insider trading investigation

On 2 June 2006 co-CEO Noël Forgeard and Airbus CEO Gustav Humbert resigned following the controversy caused by the June 2006 announcement that deliveries of the A380 would be delayed by a further six months. Forgeard was one of a number of executives including Jean-Paul Gut who exercised stock options in November 2005 and March 2006. He and twenty-one other executives are under investigation as to whether they knew about the delays in the Airbus A380 project which caused a 26 % fall in EADS shares when publicised. The French government's actions were also under investigation; The state-owned bank Caisse des Dépots et Consignations (CDC) bought part of Lagardère's 7.5 % stake in EADS in April 2006, allowing that latter to partially escape the June 2006 losses.[115]

Bribery allegations

South Africa

In 2003 Tony Yengeni, former chief whip of South Africa's African National Congress, was convicted of fraud worth around USD5 billion relating to an arms deal with South Africa, in which Airbus (formerly EADS) were major players,[116]. It was claimed that Airbus had admitted that it had "rendered assistance" to around thirty senior officials, including defence force chief General Siphiwe Nyanda, to obtain luxury vehicles.[117] In March 2003, South Africa withdrew all charges of bribery against the former head of EADS South Africa,[118] and in September 2004, the prosecutor's office dismissed the bribery charges against Yengeni.

Saudi Arabia

In August 2012 the UK's Serious Fraud Office opened a criminal investigation into an EADS subsidiary, GPT Special Project Management Ltd, regarding bribery allegations made by GPT's former programme director, Ian Foxley. Foxley alleged that luxury cars were bought for senior Saudis, and that millions of pounds sterling were paid to mysterious Cayman Islands companies, possibly to secure a £2 billion contract to renew the Saudi Arabian National Guard's military telecommunications network.[119] Foxley's allegations were supported by two other GPT employees.[120] The later agreement between Airbus and the SFO on 31 January 2020 excluded settlement of this case.[121]

British and French investigations

The French National Financial Prosecutor's Office (PNF), the UK Serious Fraud Office (SFO) and the US Department of Justice (DoJ) had been jointly investigating irregularities in Airbus marketing practices since 2016, in particular the activities of agents Saudi Arabia, Kazakhstan, the Philippines, Indonesia and Austria,[lower-alpha 1] but also China, the United Arab Emirates, South Korea, Japan, Saudi Arabia, Taiwan, Kuwait, Turkey, Russia, Mexico, Brazil, Vietnam, India, Colombia and Nepal.[121]

In July 2016, SFO opened a criminal investigation into "suspicions of fraud, bribes and corruption" after Airbus informed British authorities of a failure to disclose the role played by some intermediaries facilitating the sale of aircraft. Airbus was required to provide this information in order to benefit from export credits, which the British, French and German governments had suspended. In March 2017, the PNF subsequently opened a preliminary investigation into "suspicions of fraud and corruption in civil aviation activities" in cooperation with the SFO.[121]

The allegations included that from 2012 onwards Airbus was responsible for recruiting and remunerating intermediaries to influence the award of civil and military contracts. Payments worth hundreds of millions of euros in alleged secret commissions were made and numerous sales including in Saudi Arabia, Kazakhstan, Philippines, Indonesia, Austria, China and Mauritius were under suspicion of bribery.[122][123]

The investigation focussed on the Airbus, Strategy and Marketing Organization (SMO), the department responsible for negotiating sales contracts and which, La Tribune reported as having "a network and an incredible influence around the world." Directed successively by Jean-Paul Gut and Marwan Lahoud, the SMO was dissolved in 2016 under the new executive director, Thomas Enders, as part of a “clean hands” operation.[124]

In 2014, in a case referred to as the Kazakhgate affair, a search at Airbus Helicopters by French authorities found emails confirming that Airbus had agreed in principle to pay €12 million in pots of wine to the Prime Minister of Kazakhstan to facilitate the sale of helicopters. Officers from the Central Anti-Corruption Office (OCLCIFF) then searched the home of Marwan Lahoud on 8 February, 2016.[lower-alpha 2] This revealed that two Turkish intermediaries had claimed payment of commissions due in connection with the sale of 160 aircraft to China valued at USD10 billion. A message by Lahoud suggested that the commissions could reach USD250 million. The SMO was to conceal these commissions as false invoices for a fictitious Caspian pipeline project.[lower-alpha 3]

In January 2020, French, British and American courts validated three agreements between Airbus and the PNF,[125] the UK SFO,[121][126] and the US DoJ.[127][128] Airbus recognised the charges and agreed to pay fines of €3.6 billion in France, €984 million in the United Kingdom and €526 million in the United States. The penalties were the highest ever issued by the French and British bodies.[129][130][131]

These settlements close the prosecution of Airbus regarding the Kazakhstan case but not allegations of misconduct in Saudi Arabia, China and Turkey, which Airbus denies.[132] Airbus managers may still be pursued as private individuals.[lower-alpha 4]

See also

• Airbus Training Centre Europe
• Aerospace industry in the United Kingdom
• Airbus affair
• Boeing
• Bombardier Aerospace
• Comac
• Competition between Airbus and Boeing
• Competition in the regional jet market
• Embraer
• Liebherr Aerospace
• United Aircraft Corporation

References

1. "contact us". Airbus.
2. "René Obermann". Airbus.
3. "Guillaume Faury". Airbus.
4. Airbus Group SE Financial Statements 2019 (PDF). Airbus. Retrieved 13 February 2020.
5. Airbus Group SE Financial Statements 2016 (PDF). Airbus. Archived from the original (PDF) on 29 July 2017. Retrieved 28 February 2017.
6. "Share Price & Information". Airbus. Retrieved 19 April 2020.
7. "Airbus Annual Report 2019" (PDF). Airbus SE. p. 124. The Company is a European public company (Societas Europaea), with its corporate seat in Amsterdam, the Netherlands and registered with the Dutch Commercial Register (Handelsregister) ...
8. "Exclusive: Airbus beats goal with 863 jet deliveries in 2019, ousts Boeing from top spot". Reuters. 1 January 2020.
9. "About Airbus". Airbus. Retrieved 16 June 2017.
10. Airbus SE Annual Report 2019 General Description of the Company and its Share Capital - 3.3.6 Simplified Group Structure Chart
11. "Worldwide presence". Airbus. Retrieved 24 February 2020.
12. Beatson, Jim (2 April 1989). "Air Safety: Is America Ready to 'Fly by Wire'?". The Washington Post.
13. "History – Imaginative advances". Airbus. Archived from the original on 27 December 2009. Retrieved 30 September 2009.
14. "Airbus celebrates delivery of its 12,000th aircraft – an A220-100 to Delta Air Lines" (Press release). Airbus. 20 May 2019.
15. "A journey of 10,000 aircraft and counting: Airbus' pioneering spirit and commitment to shaping the future" (Press release). Airbus. 14 October 2016.
16. "." Airbus. 15 March 2018. Updated 15 March 2018. Retrieved on 15 March 2018.
17. "BAE Systems says completed sale of Airbus stake to EADS". Forbes. 13 October 2006. Archived from the original on 19 March 2007. Retrieved 13 October 2006.
18. "EADS changes name to Airbus" (subscription required). Financial Times, 2014.
19. "Airbus Group Shareholders Approve All Resolutions At 2015 AGM" (Press release). Airbus Group. 27 May 2015. Retrieved 25 August 2016.
20. "Frankfurt Stock Exchange". Archived from the original on 8 February 2019.
21. "Airbus shareholders approve all resolutions at 2017 AGM" (Press release). Airbus. 12 April 2017. Retrieved 12 April 2017.
22. Stevenson, Richard (21 March 1993). "A321 set for takeoff at Airbus Question of subsidies, threat to U.S. companies rise". Chicago Tribune.
23. "Simon Calder: The man who pays his way". The Independent. UK. 18 October 2003. Retrieved 23 April 2010.
24. Ostrower, John (10 November 2011). "EADS indicates "termination" of Airbus A340 programme". Flightglobal. Retrieved 11 November 2011.
25. "Airbus may not do A320 replacement alone". Aviation Week. 2 July 2007.
26. "The 737 Story: Smoke and mirrors obscure 737 and Airbus A320 replacement studies". Flight International. 7 February 2006. Retrieved 4 September 2011.
27. "Airbus aims to thwart Boeing's narrowbody plans with upgraded 'A320 Enhanced'". Flight International. 20 June 2006.
28. "China names first jumbo jet C919, to take off in 8 years". Xinhua News Agency. 6 March 2009. Retrieved 8 September 2009.
29. "Airbus needs extra cash for new planes". Reuters. 24 September 2009. Retrieved 1 July 2011.
30. "Airbus to base A320 production in Hamburg, 350s and 380s in Toulouse". Forbes. 15 January 2007. Archived from the original on 12 October 2007.
31. Webster, Ben (1 May 2003). "BA chief blames French for killing off Concorde". The Times. UK.
32. Woodman, Peter (10 April 2003). "End of an era – Concorde is retired". The Independent. UK.
33. Business, Jethro Mullen and Charles Riley, CNN. "End of the superjumbo: Airbus is giving up on the A380". CNN. Retrieved 16 February 2019.
34. "Airbus Executive and Private Aviation". airbus.com. Archived from the original on 20 April 2010. Retrieved 6 June 2015.
35. "Airbus Group teams up with Aerion" Leeham Co, 27 October 2014. Accessed: 26 September 2014.
36. Van Wagenen, Juliet. "Airbus and Aerion Collaborate to Develop Supersonic Business Jet, High-Performance Flight" Aviation Today, 22 September 2014. Accessed: 27 October 2014.
37. "Lockheed Martin Becomes Newest Partner for Aerion’s Supersonic BizJet"
38. David Flynn (7 June 2013). "Airbus reveals iPhone-enabled 'smart bag' with RFID, GPS tracking". Australian Business Traveller. Retrieved 30 March 2015.
39. "Applying innovation to improve the airline luggage experience". Airbus. 20 June 2013. Archived from the original on 2 April 2015. Retrieved 30 March 2015.
40. "Airbus Bag2Go Uses GPS And RFID To Get Your Bags Where They Belong". GadgetReview.com. 10 June 2013. Archived from the original on 2 April 2015. Retrieved 30 March 2015.
41. Shawn Knighe (7 June 2013). "Airbus Bag2Go smart luggage packs mobile radio, GPS and RFID". TechSpot. Retrieved 30 March 2015.
42. "A400M (Future Large Aircraft) Tactical Transport Aircraft, Europe". airforce-technology.com. Retrieved 1 October 2009.
43. "A400M Programme: A Brief History". Airbus. Archived from the original on 1 July 2014. Retrieved 17 January 2014.
44. "Strategic airlift agreement enters into force". NATO. 3 March 2006.
45. O’Connell, Dominic (11 January 2009). "RAF transport aircraft delay". The Times. UK.
46. Hoyle, Craig (28 April 2008). "Hercules support deal transforms RAF operations". Flight International.
47. "Why wait for the Airbus?". Defence Management. 5 May 2009. Archived from the original on 9 July 2011.
48. "Airbus A400M delay does not foster confidence". Forbes. 30 October 2007. Archived from the original on 20 December 2016. Retrieved 8 December 2016.
49. "A400M Partners to Renegotiate Contract with EADS". Defense News. 27 July 2009.
50. Hollinger, Peggy; Clark, Pilita; Lemer, Jeremy (5 January 2010). "Airbus threatens to scrap A400M aircraft". Financial Times.
51. Ansari, Usman (3 November 2008). "Pakistan eyes boost in Transport, Lift". Defense News.
52. Hepher, Tim (25 February 2008). "Airbus EAE tanker order". Reuters.
53. "Air tanker deal provokes US row". BBC News. 1 March 2008. Retrieved 4 September 2011.
54. "Boeing Protests U.S. Air Force Tanker Contract Award". Boeing. 11 March 2008. Archived from the original on 14 March 2008.
55. "Statement regarding the bid protest decision resolving the Aerial Refueling Tanker protest by the Boeing Company" (PDF). United States Government Accountability Office. 18 June 2008.
56. "SecDEF announces return of KC-X program". Secretary of the Air Force Public Affairs. 16 September 2009.
57. Wolf, Jim; Shalal-Esa, Andrea (24 September 2009). "Pentagon's new tanker rules exclude trade fight". Reuters.
58. "Airbus Numbering System". aerospaceweb.org. Retrieved 1 October 2009.
59. "Airbus official O&D". www.airbus.com. Airbus. 30 September 2018. Retrieved 8 October 2018.
60. "Investors & Shareholders". airbusgroup.com. Retrieved 25 August 2016.
61. "Airbus FY results 2018" (PDF). Retrieved 4 March 2019.
62. Airbus Group, We Make It Fly - Annual review 2013
63. "EADS demonstrates world's first high speed data solution over TETRA". Bapco Journal. Archived from the original on 7 July 2011. Retrieved 12 July 2011.
64. EADS changes name to Airbus, subscription required.
65. "Airbus APWorks". Archived from the original on 10 February 2015. Retrieved 10 February 2015.
66. "Airbus and Embry-riddle in Singapore Sign MoU on Aviation Education". asdnews.com. 14 March 2019. Retrieved 21 August 2019.
67. "Apsys-Airbus". Apsys.
68. "EADS Registration Document 2013 (Page 48)" (PDF). EADS. Retrieved 12 February 2015.
69. Kaminski-Morrow, David (13 February 2020). "Airbus takes 75% of A220 programme as Bombardier exits". Flight Global.
70. Jens Flottau, Tony Osborne and Amy Svitak. "Airbus Group To Focus On Military Aircraft, Space And Missiles" Aviation Week & Space Technology, 22 September 2014. Accessed: 24 September 2014. Archived on 24 September 2014
71. "Executive and Operational Committees". Airbus. 11 April 2019. Retrieved 12 April 2019.
72. "Airbus Middle East - Airbus, Commercial Aircraft". Archived from the original on 6 March 2016. Retrieved 9 March 2016.
73. "People & Organization - Airbus, Commercial Aircraft". Archived from the original on 9 March 2016. Retrieved 9 March 2016.
74. "日本におけるエアバス". Airbus.
75. Bray, Rob (June 2007). "Supersize Wings". Ingenia. Archived from the original on 20 May 2012. Retrieved 2 December 2008.
76. "Airbus to build A320 jet assembly line in Tianjin in 2006". AsiaInfo Services. 18 July 2006. Archived from the original on 11 August 2011.
77. "Airbus delivers first China-assembled A320 jet". Sify News. 23 June 2009. Archived from the original on 31 October 2014. Retrieved 1 October 2009.
78. "Airbus signs framework agreement with Chinese consortium on A320 Final Assembly Line in China". Airbus official. 26 October 2006. Archived from the original on 14 December 2006.
79. Jianguo, Jiang (16 July 2008). "Airbus, Harbin Aircraft form Chinese parts venture". Bloomberg.
80. Kogan, Eugene (8 February 2008). "China's commercial aviation in take-off mode". Asia Times.
81. "China needs 630 more regional jets in next 2 decades". China Daily. 2 September 2007.
82. "Airbus starts $350 million Harbin plant construction". China Daily. 1 July 2009.
83. "Airbus offers sneak-peek inside Alabama A320 factory". 14 September 2015.
84. Melissa Nelson-Gabriel (2 July 2012). "Airbus to Build 1st US Assembly Plant in Alabama". Associated Press. Retrieved 2 July 2012.
85. "Airbus confirms its first US factory to build A320 jet". BBC News. 2 July 2012. Retrieved 2 July 2012.
86. Jolly, Jasper (14 February 2019). "A380: Airbus to stop making superjumbo as orders dry up". Retrieved 18 February 2019 – via www.theguardian.com.
87. Roberston, David (5 October 2006). "MoD tells European leaders to stop meddling in EADS". The Times. UK. Retrieved 15 October 2006.
88. "Daimler and Lagardère cut EADS stakes". Financial Times. Agence France-Presse. 4 April 2006.
89. "Airbus plays catch-up with A350 jet." Phillips, D. International Herald Tribune. 11 April 2006.
90. "EADS shares up on Vneshtorgbank reports ." Yahoo News. 30 August 2006.
91. "Russian bank acquires 5% in EADS". The Economic Times. 30 August 2006. Retrieved 16 March 2020.
92. "UPDATE 1-Russia VTB to sell EADS stake at market price-CEO". Reuters. 8 December 2007. Retrieved 16 March 2020.
93. European Aeronautic Defence and Space Company EADS N.V. "EADS REGISTRATION DOCUMENT 2011" (pdf). Retrieved 16 March 2020.
94. John, Isaac. "Dubai Int'l Capital buys 3.12pc stake in EADS" Archived 26 September 2007 at the Wayback Machine, Khaleej Times, 6 July 2007.
95. The SIPRI Top 100 arms-producing companies, 2008 Archived 24 May 2011 at the Wayback Machine Stockholm International Peace Research Institute, 12 April 2010. Retrieved: 4 May 2010.
96. "Portfolio changes and strategic cooperations". Annual Report 2013. Daimler. 21 February 2014. Archived from the original on 10 January 2018. Retrieved 10 January 2018. Daimler sells remaining equity interest in EADS: On 27 March 2013, the extraordinary shareholders' meeting of EADS approved a new management and shareholder structure. Subsequently, on 2 April 2013, the shareholders' pact concluded in the year 2000 was dissolved and replaced with a new shareholders' pact without the participation of Daimler.
97. "Share Price & Information: Shareholding structure: Current capital structure". Airbus Group. 26 April 2018. Retrieved 22 June 2018.
98. "Airbus boss warns company is 'bleeding cash'". BBC News. 27 April 2020. Retrieved 27 April 2020.
99. "Airbus Group Figures". airbus-group.com. Archived from the original on 3 January 2014. Retrieved 8 May 2014.
100. Marcus Theurer (31 January 2014). "Militärausgaben: Die Rüstungsindustrie schrumpft". faz.net. Frankfurter Allgemeine Zeitung. Retrieved 2 February 2014.
101. "Environment | Airbus, a leading aircraft manufacturer". Airbus.com. Archived from the original on 15 January 2013. Retrieved 14 January 2013.
102. "Eco-efficiency | Airbus, a leading aircraft manufacturer". Airbus.com. Archived from the original on 15 January 2013. Retrieved 14 January 2013.
103. Skillings, Jonathan (15 May 2008). "Biofuel gets lift from Honeywell, Airbus, JetBlue". CNET. Retrieved 4 September 2011.
104. "Airbus demonstrates regular customer delivery flights with sustainable jet fuel". Airbus. Retrieved 16 July 2018.
105. Anderson, Jack (8 May 1978). "New European Airbus could affect US jobs". Free-lance Star.
106. Porter, Andrew (29 May 2005). "Trade war threatened over £379m subsidy for Airbus". The Times. UK.
107. "Q&A: Boeing and Airbus". BBC News. 7 October 2004. Retrieved 1 January 2010.
108. "See you in court; Boeing v Airbus: The Airbus-Boeing subsidy row". The Economist. 25 March 2005.
109. Burgos, Annalisa (11 January 2005). "U.S., EU To Settle Airbus-Boeing Dispute". Forbes.
110. "US, EU meet on Airbus-Boeing dispute". Journal of Commerce Online. 24 February 2005.
111. "U.S.-EU Talks on Boeing, Airbus Subsidies Falter". Los Angeles Times. 19 March 2005.
112. Schneider, Howard (19 May 2011). "U.S. claims victory in Airbus-Boeing case". The Washington Post, Bloomberg. Retrieved 19 May 2011.
113. "WTO Rules Boeing Got Improper U.S. Subsidies". The Wall Street Journal. 1 February 2011.
114. "The exclusion of EADS from the investment universe of the Government Pension Fund – Global has been reviewed". Regjeringen.no. 10 May 2006.
115. "Inside story; Share scandals in France". The Economist. 13 October 2007.
116. "Jailed Yengeni shows no remorse". Sunday Times (South Africa). 27 August 2006.
117. "Top ANC official resigns". BBC News. 4 October 2001. Retrieved 12 July 2011.
118. "Court Diary". The Arms Deal Virtual Press Office. C²I² Systems. Archived from the original on 17 March 2005.
119. "SFO launches criminal probe into deal with Saudi national guard". Exaro. 10 August 2012.
120. "Third insider blows whistle on 'corrupt' Saudi defence deal". Exaro. 9 July 2012.
121. "R v Airbus SE – Deferred Prosecution Agreement". Serious Fraud Office (United Kingdom). 2 March 2020.
122. Martine Orange and Yann Philippin (1 August 2017). "The huge corruption scandal threatening Airbus". Mediapart.
123. "Airbus ran 'massive' bribery scheme to win orders". Financial Times. 31 January 2020.
124. "Airbus Corruption Scandal May Lead Straight to the Top". Der Spiegel. 9 October 2017. Hence, the message from Enders to all those who haven't yet got the message, to those who think they can just carry on as before, including the bribery: "Leave this company rather than make us take you out of the company. Because we're in a dead serious situation, dear colleagues."
125. "convention judiciaire d'intérêt public entre le procureur de la république financier et Airbus SE" (PDF) (in French). Parquet national financier. 29 January 2020.
126. "SFO enters into €991m Deferred Prosecution Agreement with Airbus as part of a €3.6bn global resolution". Serious Fraud Office (United Kingdom). 31 January 2020.
127. "USA v. Airbus SE deferred prosecution agreement". District court for the district of Columbia. 31 January 2020.
128. "Airbus Agrees to Pay over $3.9 Billion in Global Penalties to Resolve Foreign Bribery and ITAR Case". justice.gov. 31 January 2020.
129. "Airbus to pay SFO €1bn in corruption settlement". BBC. 31 January 2020.
130. "Airbus fined billions in global bribery settlement". Deutsche Welle. 1 February 2020.
131. "Airbus bribery investigation highlights power of international cooperation in tackling corruption". Transparency International. 3 February 2020.
132. "Bribery Scandal(s): Airbus rocked by corruption allegations". Handelsblatt. 10 September 2017.

1. "The reports identified problematic transactions in the sale of civil aircraft in several countries, including Saudi Arabia, Kazakhstan, the Philippines, Indonesia and Austria. This list is far from exhaustive"[122]
2. "In February 2016, French police officers from the Central Anti-Corruption Office searched the homes of both Lahoud, Airbus's former second-in-command"[122]
3. "They revealed, too, the tricks the SMO used to hide the alleged commissions on the sale of 34 Airbuses to Turkey, thanks to false invoices in relation to a fictitious pipeline project in the Caspian Sea"[122]
4. "The Agreement does not provide any protection against prosecution of any natural ' persons"[121]

Further reading

• Congressional Research Service (1992). Airbus Industrie: An Economic and Trade Perspective. U.S. Library of Congress.
• Heppenheimer, T.A. (1995). Turbulent Skies: The History of Commercial Aviation. John Wiley. ISBN 0-471-19694-0.
• Lynn, Matthew (1997). Birds of Prey: Boeing vs. Airbus, a Battle for the Skies. Four Walls Eight Windows. ISBN 1-56858-107-6.
• McGuire, Steven (1997). Airbus Industrie: Conflict and Cooperation in U.S.E.C. Trade Relations. St. Martin's Press.
• McIntyre, Ian (1982). Dogfight: The Transatlantic Battle Over Airbus. Praeger Publishers. ISBN 0-275-94278-3.
• Thornton, David Weldon (1995). Airbus Industrie: The Politics of an International Industrial Collaboration. St. Martin's Press. ISBN 0-312-12441-4.

External links

• Media related to Airbus at Wikimedia Commons
• Official website