The four European governments agreed to subsidize the establishment of Airbus to strengthen their aerospace industry and compete more effectively against established American companies like Boeing. By pooling resources and expertise, they aimed to create a viable alternative in the global market, fostering innovation and job creation within Europe. Additionally, the subsidies helped mitigate the significant financial risks associated with developing new aircraft technologies. Ultimately, this collaboration sought to enhance European economic sovereignty in the aerospace sector.
The four European governments agreed to subsidize the establishment of Airbus to create a competitive alternative to established American aircraft manufacturers like Boeing. By pooling resources and expertise, they aimed to enhance Europe's aerospace capabilities and foster economic growth within their regions. Additionally, the collaboration allowed them to share risks associated with high capital costs and lengthy development timelines in the aerospace industry. Ultimately, it was a strategic move to strengthen their position in the global aviation market.
European corporation Airbus, a subsidiary of EADS
A group of European countries owns Airbus.
The A380 is developed and built by the European aircraft manufacturer Airbus.
The A380 is developed and built by the European aircraft manufacturer Airbus.
airbus is a european company, while boeing is an american company.
Yes, the A 380 is an all European airliner.
Sort of. Airbus is a division of EADS--European Aeronautics, Defense and Space. It's a big consortium of European aircraft manufacturers. Another of their divisions is Eurocopter, which makes nothing but helicopters. The Airbus division itself doesn't make them, but the company that controls Airbus does. Which is why I said they sort of do.
Boeing and Airbus are the biggest Aeroplane manufacturing companies in the world. Boeing is a US based company and Airbus is a European based company.
It is a European company but the headquarters are in Toulouse, France.
Airbus- European; More technologically advanced. Boeing- American; better understanding of the worldwide market.
Airbus is a pan-European consortium, with significant contributions from France, Germany, Spain and the UK.