Airbus (EPA: AIR) is a European multinational aerospace corporation and a global leader in aeronautics, space, and related services. It is headquartered in the Netherlands and has operations in over 180 locations worldwide. Airbus was officially created as a GIE (groupement d'intérêt économique/economic interest group) in 1970 with France’s Aerospatiale and Germany’s Deutsche Airbus each taking a 50% stake. It was listed on the Paris Stock Exchange in 2000 and reached USD 100 billion in market capitalization for the first time in February 2019. Airbus generated EUR 58.8 billion (~USD 61.8 billion) revenue in 2022.
Airbus operates through three segments: Airbus, Airbus Helicopters, and Airbus Defense and Space. The Airbus segment focuses on the development and manufacturing of commercial jet aircraft and aircraft components as well as on aircraft conversion and related services. It offers aircraft of various families including civil aviation’s best-selling product line, A320. The Airbus Helicopters business unit focuses on both civilian and military helicopters as well as on offering services linked to helicopters. Global commercial and governmental clients are served by the Airbus Defense and Space business, which offers systems and services for air, land, sea, space, and cyber missions.
The company claims to be the most diverse international aerospace and defense company and generates ~42% of total revenue in Europe, making it Airbus’ largest market. Ramping up its commercial aircraft, especially the A320 family, remains a top priority for the company. Airbus expects to attain a monthly pace of 65 aircraft for 2023 and 2024 (from 45 aircraft a month in Q4 2021) and reach a rate of 75 by the middle of the decade.
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