Airbus Industrie
As of 2004, its CEO is NoÃÂël Forgeard, and Airbus is jointly owned by European Aeronautic Defence and Space Company (EADS, 80%) and BAE SYSTEMS (20%).
Initially the success of the consortium was fitful but by 1979 there were 81 aircraft in service. British Aerospace (now BAE SYSTEMS) joined the consortium at the end of 1979, with 38 percent stake each for the Germans and French, 20 percent for the British, and the Spanish firm with four percent. It was a fairly loose alliance but that changed in 2000 when the consortium decided to reconfigure as a private commercial company (EADS) to coincide with the development of the new Airbus A380, which will seat 555 passengers and be the world's largest commercial passenger jet when it enters service in 2006.
A shorter variant of the A300 is known as the A310. Various derivatives of the A300 were launched throughout the 1980s, including the A320 with its innovative fly-by-wire control system. The A320 was a great commercial success. The A318 and A319 are shorter derivatives with some of the latter under construction for the corporate biz-jet market (Airbus Corporate Jet). A stretched version is known as the A321 and is proving competitive with later models of the Boeing 737.
The transcontinental products, the twin-jet A330 and the four-jet A340, have efficient wings, enhanced by winglets. The Airbus A340-500 LeaderShip has an operating range of 13,921 kilometres (8,650 miles), the longest range of any commercial jet. These are competing strongly with the larger Boeing products and may partly explain the cessation of airliner production at Lockheed in 1983 and the take-over of McDonnell Douglas by the surviving US builder of long-distance airliners, Boeing, in 1996-1997. The company is particularly proud of its use of fly-by-wire technologies.
Currently there are around 1600 Airbus aircraft in service, with Airbus having around 50 percent of outstanding build orders (1999), although Airbus products are still outnumbered 6 to 1 by in-service Boeings. A turboprop powered military transport aircraft (the Airbus Military A400M) is being developed by several NATO members, Belgium, France, Germany, Luxembourg, Spain, Turkey, and the UK, as an alternative to the C-130 Hercules.
Airbus employs around 40,000 people in several European countries. Final assembly is carried out in Toulouse, France and Hamburg, Germany, although construction occurs at a number of plants across Europe.
For the first time in its 33-year history, Airbus delivered more jetliners in 2003 than Boeing. After losing supremacy to America in the battle of commercial airliner sales in the 1950's and 1960's, Europe seems to have regained the upper ground. Industry analysts widely attribute this to Airbus' largely superior and state-of-the-art product line, compared to many of outdated Boeing's aircraft; the 737 for example still uses components designed in the 1950s. The 747 was designed in the late 1960s, and the 757 and 767 were conceived in the late 1970s.
Boeing has began the third attempt at a fightback against Airbus in the form of its 7E7 Dreamliner.
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