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Airbus

 

Airbus is an aircraft manufacturing subsidiary of EADS, a European aerospace company. Based in Blagnac, France, a suburb of Toulouse, and with significant activity across Europe, the company produces approximately half of the world's jet airliners.

Airbus began as a consortium of aerospace manufacturers, Airbus Industrie. Consolidation of European defence and aerospace companies in 1999 and 2000 allowed the establishment of a simplified joint-stock company in 2001, owned by EADS (80 %) and BAE Systems (20 %). After a protracted sales process BAE sold its shareholding to EADS on 13 October 2006.

 

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