Airbus Term Paper Example | Topics and Well Written Essays - 1750 words

Airbus - Term Paper Example Airbus is a company in the aerospace industry, dealing with the manufacture of aircraft in the division of Airbus Group. Headquartered in Blagnac France, Airbus has established its manufacturing and production facilities in many other countries around the globe, with the most identifiable including German, Spain, and the United Kingdom (Norris and Wagner, 1999). According to the latest statistics, the company was able to produce 626 airlines in 2013. Three individuals namely; Bernard Lathià ¨re, Roger Bà ©teille, and Henri Ziegler founded the company in 1970. Over the years, the company’s success has been realized mainly due to the contributions of two key individuals; Fabrice Bregier, the chief executive officer and Gunter Butscheck, the chief operating officer. As at 2008, the company’s revenue was at Euros 33.10 billion. Despite diversifying their operations into many different countries, Airbus deals solely in the manufacture of commercial airlines as its only product. As at the moment, the company has 63,000 employees in its sixteen different working sites in the different countries in which the company had built its production and manufacture facilities. Currently, Airbus is considered as the world’s manufacture of the largest passenger airliner the A380 (Norris and Wagner, 1999). It is the desire of many businesses to expand to different regions that show potential success opportunities. In such a perspective, Airbus has been able to establish expansive opportunities in many different countries in the world. One of the countries is China. China is currently one of the developed countries in the world, and therefore, experiencing significant changes in terms of the business ventures (Som, 2009). The substantive rise economically by China has mainly been attributed to changes the country has made in its political and economic systems. With the current manner in which China develops