Aircraft Industry - Essay Example

After a recent restructuring, the company is known as AIC of which the European Aeronautics and Space Company EADS owns 80% and British Aerospace and Electrical System BEA owns the remaining 20%. The new EADS comprises; France’s Aero spatial, German Daimler Chrysler Aerospace AG, and the Spanish Government-owned CASA. During 1988 Airbus has a share of 16 percent of the market, which rapidly increased to 37 percent 1996 (Dempsey & Gesell, 85). But Howe babirusas acquired over half of the whole market when it delivered 305 jets in 2003, 310 jets in 2004 and 400 jets in 2005 (Reuters, 9/8/2004).

Starting form 1969, from Airbus’ first aircraft, the A300B, was debuted in the Paris air show many firsts in the industry are produced by Airbus like the A300 in 1972, the first twin-aisle, twin-engine commercial jet, the A300FFCC in 1982, the first forward forward-facing in commercial aircraft, the A320 in 1988, the first ‘fly-by-wire’ commercial aircraft, and the upcoming A380 slated for operation in 2006, the first four-aisle, double-decker commercial aircraft (Airbus, Our Advantages).

  Airbus currently is the second largest manufacturer in the world and is launching a new jumbo aircraft named ‘A380’ which, is competing for the ‘number one spot’, in competition with Boeing’s coming speed aircraft named ‘The Boeing Dreamliner 787’.  The Airbus Company currently offers four product families, which include twelve jets for passenger use and one model for freight use covering the 100 to 555 seat market. In more detail the Airbus products consistconsist00/A310 Family, A320 Family, A330/340 Family and the A3,80 Family (super jumbo) which has been delayed due to technical issues however, the first A380 aircraft due to be delivered to the customer airlines in 2007.

The delay in production is likely to limit aircraft deliveries to nine in 2007 (from oriental estimate of 20-25). It has added that a shortfall of five to nine aircrafts deliveries in 2008 and around five aircraft in 2009 could be expected compared to initial plans. (Airliner World, August 2006).