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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.

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1w ago

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Why do you think the four European governments agreed to subsidize the establishment of Airbus?

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.


Who are the builders of Airbus?

European corporation Airbus, a subsidiary of EADS


Which country owns airbus?

A group of European countries owns Airbus.


Who invent airbus?

The A380 is developed and built by the European aircraft manufacturer Airbus.


Who invented Airbus A380?

The A380 is developed and built by the European aircraft manufacturer Airbus.


How do you distinguish between Airbus and Boeing?

airbus is a european company, while boeing is an american company.


Was Airbus A380 an European Airliner?

Yes, the A 380 is an all European airliner.


Does Airbus make helicopters?

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.


What is the difference between an Airbus and a Boeing?

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.


Is Airbus a french company?

It is a European company but the headquarters are in Toulouse, France.


What are the techincal differences between Airbus and Boeing?

Airbus- European; More technologically advanced. Boeing- American; better understanding of the worldwide market.


What are the two countries that contribute to building Airbus aircraft?

Airbus is a pan-European consortium, with significant contributions from France, Germany, Spain and the UK.