Airbus is one of the world's leading suppliers of commercial aircraft. This 100-seater boasts a major portion of the market share of annual deliveries worldwide. Its market share has grown from 15% in 1990 to 52% in 2003. On December 31, 2003, its backlog of orders (1,454 aircraft) stood at 52% of total worldwide backlog. After accounting for cancellations, the net order intake for 2003 was 254 aircrafts. In 2003, the Airbus division of the European Aeronautic Defense and Space Company (EADS) earned revenues t the tune of 19 billion dollars, representing 61% of EADS total revenues. Based on deliveries in 2003, Airbus was the largest supplier of commercial aircraft in the world, surpassing its rival Boeing for the first time. Its journey from 1970 up to the end of December 31, 2003, has been fruitful. Airbus has received orders for 4,886 aircraft from 186 customers around the world. Several factors have contributed to the success of Airbus: its portfolio of modern aircraft, its consistent technological innovation, its stable pool of highly skilled employees and its concept of aircraft "families" that offer customers cost savings in crew training, maintenance and supply for their fleets of different sized Airbus aircraft. In addition, the Airbus management believes that the international composition of Airbus represents a competitive advantage in the global marketplace. The Airbus group is jointly owned by EADS (80%) and BAE SYSTEMS (20%). The Head of EADS Airbus Division acts as Airbus President and Chief Executive Officer, echoing the effective management control of EADS over its operations.
[...] But the Seattle-based company insist that it is right - and that the future of aviation lies in smaller aircraft capable of flying "point to point". To this end, Boeing has developed its 7E7 "Dreamliner" which has a capacity of just 250 but will fly further and faster than other aircraft. Japan's All Nippon Airways has ordered 80 of the aircraft with delivery from 2008. The twin-aisled Dreamliner uses a fifth less fuel 36 than conventional aircraft and is intended as a successor to Boeing's middle-range 757 and 767 jets. [...]
[...] Saluting the “dream made reality” that is the Airbus, he said: “Spain is very proud to be part of this event.” 30 FROM DREAM TO TAKE-OFF June 1994: Airbus begins engineering development of aircraft, known as A3XX July 2000: Emirates Airlines wants seven December 19: Airbus officially launches aircraft, called A380 January 2001: Federal Express in America wants ten of cargo version February 20: Airbus expands its plant in Hamburg for assembly of cabins. Assembly of aircraft takes place in Toulouse July 16, 2002: President Chirac lays first stone in Toulouse hangar June 15, 2003: Emirates increases its orders to 45 A380s July Airbus plant in Broughton, Wales, opens. [...]
[...] This diversity of cultures and languages has enabled the company to work with the widest possible range of customers, by understanding their culture and speaking their language. Nowhere this is more striking than at the company's central entity in Toulouse, where some 3,400 people from 25 different nations work together in harmony. The spirit of intercultural and cross-functional co-operation that led to the creation of Airbus still drives their employees, who share the same goals and vision while retaining their individual creativity, drive and enthusiasm History Airbus was established in 1970 as a European consortium of French, German and later, Spanish and U.K companies, as it became clear that only by co-operating would European aircraft manufacturers be able to compete effectively with the U.S. [...]
[...] Overall, this period is expected to include the strongest traffic-growth recovery seen since 1980 - highlighting the airline industry's resilience to the effects of recent world events. The Asia-Pacific region's strong economic development, especially in emerging economies, and the increasing impact of low-cost carriers in all domestic markets will significantly contribute to the traffic growth. The nine trillion RPKs forecast in 2023 will largely be generated in Europe (32 per cent), Asia-Pacific (31 per cent) and North America (26 per cent) Appendices Press file Program Highlights Main news Annual Review p.22 p.24 p.25 II- Time Airbus is flying high, but is Britain on board ? [...]
[...] Cathay, one of the world's leading long-haul airlines, has played hard to get with Airbus, and appeared to have turned its back on the A380 when it bought 10 second-hand Boeing 747s. But it is understood that the carrier's top management will be present at the unveiling of the aircraft on Tuesday. Three heads of state Tony Blair, Chirac and German chancellor Gerhard Schroder and 5,000 guests will attend the ceremony, which will cap Airbus's recent period of supremacy over Boeing in the commercial aircraft market. [...]
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