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Hellenic Aerospace Industry

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Hellenic Aerospace Industry ( HAI ) ( Greek : Ελληνική Αεροπορική Βιομηχανία - ΕΑΒ ) is the leading aerospace company of Greece . The company headquarters is located in Tanagra , 65 kilometers north-west of Athens , with the industrial complex covering an area of 200,000 sq.m.

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94-447: The company has undertaken over the years extensive subcontracting work with major international aerospace companies such as Boeing , Airbus , Alenia , Lockheed Martin , Raytheon , EADS and others. The company has also accomplished original developments in unmanned aviation structures, military electronics, telecommunications equipment, night vision equipment, wind generators and composite material technology. Original designs include

188-485: A corporate citizenship program centered on charitable contributions in five areas: education, health, human services , environment , the arts , culture, and civic engagement . In February 2012, Boeing Global Corporate Citizenship partnered with the Insight Labs to develop a new model for foundations to more effectively lead the sectors they serve. The company is a member of the U.S. Global Leadership Coalition ,

282-462: A Washington D.C.–based coalition of more than 400 major companies and NGOs that advocate a larger International Affairs Budget, which funds American diplomatic and development efforts abroad. A series of U.S. diplomatic cables show how U.S. diplomats and senior politicians intervene on behalf of Boeing to help boost the company's sales. In 2007 and 2008, the company benefited from over US$ 10 billion of long-term loan guarantees, helping finance

376-518: A company providing commercial launch services sending satellites to geostationary orbit from floating platforms. In 2000, Boeing acquired the satellite segment of Hughes Electronics . In December 1996, Boeing announced its intention to merge with McDonnell Douglas , which, following regulatory approval, was completed on August 4, 1997. The delay was caused by objections from the European Commission , which ultimately placed three conditions on

470-404: A font similar to Helvetica Black . The logo colours were reflected in the standard Airbus aircraft livery in each period. The EADS logo between 2000 and 2010 combined the logos of the merged companies, DaimlerChrysler Aerospace AG (a four-ray star) and Aérospatiale-Matra (a curved arrow), after which these elements were removed and a new font with 3D shading was chosen. This font was retained in

564-690: A maintenance center for the C-130 aircraft by Lockheed Aeronautics , King Air aircraft by Raytheon and P-3 aircraft by the Hellenic Navy . HAI was founded by the Greek State in 1975, by decision of Constantine Karamanlis ' government, to undertake all aircraft-related construction activity, so that the historic KEA factory would concentrate on maintenance work. A huge factory was built in Tanagra , 65 km north of Athens eventually employing thousands. In 1979

658-581: A model range that parallels the commercial aircraft offered by the company. Following the entry of the 737-based Boeing Business Jet , Airbus joined the business jet market with the A319 Corporate Jet in 1997. Although the term Airbus Corporate Jet was initially used only for the A319CJ, it is now often used for all models, including VIP widebodies. As of December 2008, 121 corporate and private jets are operating, and 164 aircraft have been ordered. The company

752-702: A number of Unmanned Aerial Vehicles , the Pegasus and Pegasus II UAVs, first flown in 1982 and still in service with the Hellenic Air Force . Industrial capability is organized by production centers geared to deliver high technology services and products in a wide range of activities, that include: HAI's Quality System is certified by BVQI, ISO 9001:2000, ISO 9001:1994 and TickIT Guide and EN/AS 9100. The company applies Total quality management and Six Sigma ( 6σ ) methodology. In addition, HAI has been inspected, verified and accepted by nearly every major manufacturer in

846-638: A number of other plants in different European locations, reflecting its foundation as a consortium. For aircraft assembled in Europe, aircraft parts often move between the different factories and the assembly lines via the use of the Beluga and BelugaXL , a fleet modified aircraft capable of carrying entire sections of fuselage. For aircraft assembled in China and the United States, the parts needed to build an aircraft meet in

940-669: A potential downgrade to junk status . On November 1, 2024, the IAM endorsed an improved contract offer which would see a 38% pay rise over four years, a $ 12,000 ratification bonus, and the reinstatement of an annual bonus scheme. On November 5, 2024, Boeing workers accepted the pay deal, ending a seven-week-long walk out. The company's three divisions are: Commercial Airplanes; Defense, Space & Security; and Global Services. In 2018 and 2019 , two Boeing 737 MAX narrow-body passenger airplanes crashed, leaving 346 people dead and no survivors. In response, aviation regulators and airlines around

1034-507: A profit of US$ 9.7 billion, laying off 14,862 workers since 2008, and increasing executive pay by 31% to US$ 41.9 million in 2010 for its top five executives. Boeing has been accused of unethical practices (in violation of the Procurement Integrity Act ) while attempting to submit a revised bid to NASA for their lunar landing project. The firm has been criticized for supplying and profiting from wars , including

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1128-520: A second production line. North America plays a crucial role for Airbus, both in terms of aircraft sales and suppliers. Of the approximately 5,300 Airbus jetliners sold worldwide, 2,000 are ordered by North American customers. These orders span Airbus' entire product line, from the compact A318 to the massive A380, accommodating 107 to 565 passengers. Notably, US contractors contribute significantly, supporting around 120,000 jobs and generating an estimated $ 5.5 billion in business. For instance, one variant of

1222-580: A simplified joint-stock company . In 2006, EADS acquired BAE Systems ' remaining 20% of Airbus. EADS NV was renamed Airbus Group NV and SE in 2014 and 2015, respectively. Due to the dominance of the Airbus SAS division within Airbus Group SE, the executive committees of the parent and subsidiary companies were aligned in January 2017, but the companies were kept as separate legal entities. The holding company

1316-687: A single European location where they are loaded onto ships for the final journey to the assembly line. Airbus opened an assembly plant for the A320 family of aircraft in Tianjin , China in 2009. Airbus started constructing a $ 350 million component manufacturing plant in Harbin , China in July 2009, which now employs over 1,000 people. It was fully operational by early 2011, the 30,000 square metre plant manufactures composite parts and assembles composite work-packages for

1410-599: A value of the stake at "approximately €2.0 billion." Lagardère was to reduce its holding by an identical amount. However, Caisse des Dépôts et Consignations , a unit of the French government, acquired 2.25 % of EADS. At issue, as a result, is the fact that the German and French shareholdings were now in imbalance. On 30 August 2006, shortly after the stock price decline caused by the A380 delivery delays, more than 5 % of EADS stock

1504-441: A wide range of aircraft turbofan, turbojet, turboshaft, turboprop and reciprocating engines. The Engine Maintenance Business Unit is an authorized service center to provide maintenance support to third parties for: The Engines Maintenance Business Unit performs activities on: The Electronics Facilities are housed in a 16,000 sq. m. building and include four major activity areas : The Aerostructures Manufacturing Business Unit

1598-556: Is also a 10% owner of Dassault Aviation , which builds the Falcon family of smaller business jets. Airbus Defence and Space markets and either builds or modifies new aircraft for military use. Airbus became increasingly interested in developing and selling to the military aviation market in the late 1990s. It embarked on two main fields of development: aerial refuelling with the Airbus A310 MRTT (Multi-Role Tanker Transport) and later

1692-459: Is among the largest global aerospace manufacturers ; it is the fourth-largest defense contractor in the world based on 2022 revenue and is the largest exporter in the United States by dollar value. Boeing was founded by William E. Boeing in Seattle , Washington, on July 15, 1916. The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997. As of 2023,

1786-576: Is housed in a building covering an area of 29,000 sq.m. and existing manufacturing equipment capabilities cover the following production range: Product Manufacturing capabilities include, HAI's Research and Development projects are listed below: Lockheed Martin has provided valuable assistance both in terms of workload and new technology through the F-16 co-production program and has also invested on HAI’s aerostructures facility expansion to accommodate growth of this program. Lockheed Martin and HAI are exploring

1880-691: Is led by CEO Guillaume Faury and is a component of the EURO STOXX 50 stock market index . Since its inception in 2000, the company's shares have been listed on the Paris Stock Exchange , the Frankfurt Stock Exchange and the four regional Spanish stock exchanges (including the Bolsa de Madrid ). The current company is the product of consolidation in the European aerospace industry, tracing back to

1974-747: Is longer and wider than the fuselage used on the A300, A310, A330, and A340. A second narrow-body jet was added to the product list in 2018 when Airbus gained control of the Bombardier CSeries programme, and rebranded it as the A220. The jet offers five-abreast seating compared to the six-abreast seating on the A320. The company is also a 50% owner of the ATR joint venture which builds the ATR 42 and ATR 72 regional aircraft. Airbus Corporate Jets markets and modifies new aircraft for private and corporate customers. It has

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2068-452: Is responsible for about 11% of greenhouse gases emitted by the U.S. transportation sector. Aviation's share of the greenhouse gas emissions was poised to grow, as air travel increases and ground vehicles use more alternative fuels like ethanol and biodiesel . Boeing estimates that biofuels could reduce flight-related greenhouse-gas emissions by 60 to 80%. The solution blends algae fuels with existing jet fuel . Boeing executives said

2162-539: Is sustainable only as long as orders are good and delivery rates are increasing. From 2013 to 2019, Boeing spent over $ 60 billion on dividends and stock buybacks , twice as much as the development costs of the 787. In 2020, Boeing's second quarter revenue was $ 11.8 billion as a result of the pandemic slump. Due to higher sales in other divisions and an influx in deliveries of commercial jetliners in 2021, second quarter revenue increased by 44%, reaching nearly $ 17 billion. Revenues decreased 15 percent to $ 16.9 billion in

2256-476: Is the design and manufacturing of commercial aircraft but it also has separate defence and space and helicopter divisions. Airbus has long been the world's leading helicopter manufacturer and, in 2019, also emerged as the world's biggest manufacturer of airliners. The company was incorporated as the European Aeronautic Defence and Space Company ( EADS ) in the year 2000 through the merger of

2350-539: The Fortune Global 500 list (2020). The Boeing Company started in 1916, when American lumber industrialist William E. Boeing founded Pacific Aero Products Company in Seattle, Washington. Shortly before doing so, he and Conrad Westervelt created the "B&W" seaplane . In 1917, the organization was renamed Boeing Airplane Company, with William Boeing forming Boeing Airplane & Transport Corporation in 1928. In 1929,

2444-536: The Airbus A330 MRTT , and tactical airlift with the Airbus A400M Atlas . The company has also continued to market and assemble some military aircraft previously offered by the companies that formed Airbus, notably CASA . The A310 and A330-based MRTT aircraft are conversions of civilian airliners. The aircraft are called multi-role tanker transports because, in addition to their aerial refuelling capability,

2538-780: The Airbus C295 , a smaller tactical transport aircraft, that was designed and initially manufactured by the Spanish aerospace company CASA . The company is also a 50% owner of the ArianeGroup joint venture which builds the Ariane 5 space launch vehicle, a 46% owner of the Eurofighter joint venture which builds the Typhoon fighter jet, a 42.5% owner of the Panavia Aircraft joint venture which built

2632-528: The COVID-19 pandemic with plans for a total 10% cut of its workforce or approximately 16,000 positions. In July 2020, Boeing reported a loss of $ 2.4 billion as a result of the pandemic and the Boeing 737 MAX groundings , and that it was in response planning to make more job and production cuts. On August 18, 2020, CEO Dave Calhoun announced further job cuts; on October 28, 2020, nearly 30,000 employees were laid off, as

2726-685: The Hellas Sat Consortium S.A. and is participating in a number of European Consortia for the co-production and development of weapon systems, such as IRIS-T , STINGER , ESSM , and the Integrated Eurotraining System (ITS). Boeing The Boeing Company , or simply Boeing ( / ˈ b oʊ ɪ ŋ / ), is an American multinational corporation that designs, manufactures, and sells airplanes , rotorcraft , rockets , satellites , and missiles worldwide. The company also provides leasing and product support services. Boeing

2820-854: The Israel-Gaza war (2023-present) , demonstrations sought to block shipments of weapons for the Israel Defense Forces at Boeing facilities in St. Charles, Missouri , Tukwila, Washington , and Gresham, Oregon . Students at Florida State University , University of Washington , Saint Louis University , University of Missouri–St. Louis , and Washington University in St. Louis called for their institutions to break partnerships with Boeing. Research estimates that Boeing has made between $ 50 billion to $ 100 billion in revenue from sales to Israel. In 2024, students on hunger strike at Brown University named Boeing among

2914-565: The Simi Hills of eastern Ventura County in Southern California , had been contaminated by Rocketdyne with toxic and radioactive waste . Boeing agreed to a cleanup agreement with the EPA in 2017. Clean-up studies and lawsuits are in progress. On July 19, 2022, Boeing announced a renewed partnership with Mitsubishi to produce carbon-neutral and sustainable solutions. The airline industry

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3008-802: The Tiger attack helicopter, along with militarized versions of the H125, H135, H145, H160, H175, H215, and H225. The company is also a 62.5% owner of the NHIndustries joint venture, which builds the NH90 military utility helicopter. Revenues by division, as of 2023: Commercial aircraft generated 74% of total revenue for the Airbus group in 2018 and 72% in 2023. The key trends for Airbus Commercial Aircraft (excluding Defence, Space and Helicopters) are as of each financial year ending December 31: The division Airbus Defence and Space

3102-697: The Tornado fighter jet, a 37.5% owner of the MBDA joint venture which builds missiles, and a 10% owner of Dassault Aviation which builds the Rafale fighter jet, and previously, the Mirage 2000 fighter. Airbus Helicopters markets and builds new rotorcraft for civilian and military use. The division was founded formed in 1992 as the Eurocopter Group, through the merger of the helicopter divisions of Aérospatiale and DASA (two of

3196-480: The jatropha plant to see if it is a sustainable alternative to conventional fuel. A two-hour test flight using a 50–50 mixture of the new biofuel with Jet A-1 in a Rolls-Royce RB-211 engine of a 747–400 was completed on December 30, 2008. The engine was then removed to be studied to identify any differences between the Jatropha blend and regular Jet A1. No effects on performances were found. In 2008 and 2009, Boeing

3290-658: The A320, making it easier to train crew. The success led Airbus to introduce a lengthened version, the A321 in 1993, along with the shorter A319 in 1995 and the even shorter A318 in 2002. In 2016, Airbus re-engineered the narrow-body family, in a programme called the A320neo ( new engine option). The wide-body programme led to the introduction of the four-engine A340 in 1991 and the twinjet A330 in 1992. At that time, Airbus wanted to offer four-engined jet aircraft to allow for longer transatlantic and transpacific flights. However, during

3384-624: The A350 XWB, A320 families and future Airbus programmes. Harbin Aircraft Industry Group Corporation, Hafei Aviation Industry Company Ltd, AviChina Industry & Technology and other Chinese partners hold an 80% stake in the plant while Airbus controls the remaining 20%. In 2022, the Tianjin plant finished upgrading works to allow for production of A321. In 2023, the Tianjin final assembly plant started construction to be expanded with

3478-809: The A380 boasts 51% American content in terms of work share value. Plans for a Mobile, Alabama aircraft assembly plant were unveiled by Airbus CEO Fabrice Brégier from the Mobile Convention Centre on 2 July 2012. The plans include a $ 600 million factory at the Mobile Aeroplex at Brookley for the assembly of the A220 , A319, A320 and A321 aircraft. It could employ up to 1,000 full-time workers when operational. Construction began on 8 April 2013, and became operable by 2015, producing up to 50 aircraft per year by 2017. The key trends of Airbus SE are (as of each financial year ending December 31): In October 2005

3572-579: The Boeing 737 MAX 9. The FAA announced on January 12 that it was expanding its scrutiny of Boeing, with a production audit of the 737 MAX 9. On February 6, the National Transportation Safety Board released a preliminary report indicating that four bolts used to secure the panel had been removed, and appeared not to have been replaced, at Boeing’s factory in Renton, Washington . In March 2024,

3666-592: The Boeing Company's corporate headquarters is located in the Crystal City neighborhood of Arlington County, Virginia . The company is organized into three primary divisions: Boeing Commercial Airplanes (BCA), Boeing Defense, Space & Security (BDS), and Boeing Global Services (BGS). In 2021, Boeing recorded $ 62.3   billion in sales. Boeing is ranked 54th on the Fortune 500 list (2020), and ranked 121st on

3760-641: The British Ministry of Defence warned European politicians to stop, as it saw it, interfering in the corporate governance of EADS. The former UK Defence Procurement Minister Lord Drayson hinted that the UK government, a major customer for EADS, may withhold future contracts. "As a key customer, we see it as important for EADS to move in a direction that is free from political interference." On 4 April 2006, DaimlerChrysler announced its intention to reduce its shareholding from 30 % to 22.5 %. The company placed

3854-459: The CDS (Cargo Door Surround) of this new airliner. The aircraft is the first environmentally friendly aircraft to be exclusively constructed by composite material. HAI looks forward to be the exclusive supplier of the CDS worldwide and construction will begin in the mid 2008. HAI is also involved in the design and construction, using composite material, of the prototype part of the internal force structure of

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3948-595: The Engine, the Air to Air Missiles and the Communications System of the aircraft. HAI also joined the " Eurotrainer " development and co-production program with Dassault Aviation , EADS , Saab AB , RUAG and Alenia . In January 2006, HAI signed a Memorandum of Understanding with Aermacchi for the " M-346 Advanced Trainer " co-production project. In March 2007, HAI joined EADS in the " Eurofighter " project, undertaking

4042-536: The French Aérospatiale - Matra , the German DASA and Spanish CASA . The new entity subsequently acquired full ownership of its subsidiary, Airbus Industrie GIE , a joint venture of European aerospace companies originally incorporated in 1970 to develop and produce a wide-body aircraft to compete with American-built airliners. EADS rebranded itself as Airbus SE in 2015. Reflecting its multinational origin,

4136-591: The Justice Department opened a criminal investigation into the Alaska Airlines blowout. In March 2024, CEO Dave Calhoun and board chairman Larry Kellner both announced they would be stepping down from their positions. In 2006, the UCLA Center for Environmental Risk Reduction released a study showing that Boeing's Santa Susana Field Laboratory , a site that was a former Rocketdyne test and development site in

4230-507: The aircraft can also be configured for troop transport, medevac, and cargo transportation. The A400M Atlas is a four-engine, turboprop-powered tactical transport aircraft. The A400M is sized between the American-made C-130 and the C-17 transports, and while it can carry heavier loads than the C-130, its turboprop engines allow it to retain the ability to use rough landing strips. The A400M

4324-405: The aircraft's development, new rules extended twinjet operations to 120 minutes in 1986, and 180 minutes in 1989. Although the new rules hurt sales of the A340, they greatly benefited the A330 . Production of the A340 ended in 2011, while the A330 would be re-engineered as the A330neo ( new engine option ) in 2018. The world's largest passenger airliner was introduced by Airbus in 2005; the A380

4418-476: The airplane manufacturer was increasingly losing money due to the COVID-19 pandemic. In May 2022, Boeing announced plans to move its global headquarters from Chicago to Arlington, Virginia , a suburb of Washington, D.C. The company said that this decision was made in part to concentrate on its defense work with "proximity to our customers and stakeholders". After the January 2024 Alaska Airlines Flight 1282 and other incidents, one shareholder proposed relocating

4512-401: The airplane was malfunctioning, and ultimately plummeted nose-down to the ground at terrifying speed". While the investigations into the crashes of the 737 MAX were proceeding, the Boeing 777X , the company's largest capacity twin jet and the largest ever built, made its maiden flight on January 25, 2020, but also experienced problems. Following an incident during flight testing in 2021,

4606-443: The company operates major offices and assembly plants in France , Germany , Spain , and the United Kingdom , along with more recent additions in Canada , China , and the United States . Airbus' headquarters are legally registered in Leiden , Netherlands, but daily management is conducted from the company's main office located in Blagnac , France. The SE in its corporate name stands for Societas Europaea . The company

4700-438: The company was collaborating with Brazilian biofuels maker Tecbio , Aquaflow Bionomic of New Zealand, and other fuel developers around the world. As of 2007, Boeing had tested six fuels from these companies, and expected to test 20 fuels "by the time we're done evaluating them". Boeing also joined other aviation-related members in the Algal Biomass Organization (ABO) in June 2008. Air New Zealand and Boeing are researching

4794-492: The company was renamed United Aircraft and Transport Corporation , followed by the acquisition of several aircraft makers such as Avion, Chance Vought , Sikorsky Aviation , Stearman Aircraft , Pratt & Whitney , and Hamilton Metalplane. In 1931, the group merged its four smaller airlines into United Airlines . In 1934, aircraft manufacturing was required to be separate from air transportation. Therefore, Boeing Airplane Company became one of three major groups to arise from

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4888-419: The company's hiding of information from the safety regulators: a criminal monetary penalty of $ 243.6 million, $ 1.77 billion of damages to airline customers, and a $ 500 million crash-victim beneficiaries fund. In September 2022, Boeing was ordered to pay a further $ 200 million over charges of misleading investors about safety issues related to these crashes. In March 2023, Boeing disputed in court filings that

4982-408: The company. The average salary at Boeing was $ 76,784 in 2011, as reported by former employees. In 2022, Rory Kennedy made a documentary film, Downfall: The Case Against Boeing , streamed by Netflix . She said about the 21st-century history of Boeing "There were many decades when Boeing did extraordinary things by focusing on excellence and safety and ingenuity. Those three virtues were seen as

5076-412: The construction of a composite fuselage part ( Vary Cowl ) for the Typhoon. On the 29th of that month, HAI signed a Memorandum of Understanding with the Russian Aerospace Industry Irkut , for the co-production of the Russian firefighting aircraft Beriev Be-200 if it is to be chosen by the Hellenic Air Force in the near future. In April 2007, HAI signed an agreement with the United States Air Force for

5170-624: The corporate headquarters back to the Seattle area in hopes of getting engineering and quality control teams on-site access to key decision-makers. Boeing's board soundly dismissed the attempt. In February 2023, Boeing announced plans for laying off approximately 2,000 of its workers from finances and human resources. In May 2023, Boeing acquired autonomous eVTOL air taxi startup Wisk Aero . In June 2024, Boeing agreed to re-acquire Spirit AeroSystems , its longtime supplier of airplane parts, which had been established in 2005 when Boeing spun-off its Wichita division to an investment firm. The deal

5264-429: The crashes through a disintegration of workplace morale . In June 2020, the Federal Aviation Administration found several 737 MAX defects that Boeing deferred to fix, in violation of regulations . In September 2020, the U.S. House of Representatives concluded its own investigation and cited numerous instances where Boeing dismissed employee concerns with a 737 MAX flight stabilizing feature ( MCAS ) that caused

5358-419: The development of the E1-79 Pegasus , an Unmanned Aerial Vehicle (UAV), was begun in collaboration with KETA ( Hellenic Air Force Research & Development Center ) and its first flight was made in 1982. By 2003 it was already operational, being upgraded in 2005 to Pegasus II level. Other similar projects by HAI include the TELAMON, a very advanced, jet-powered UAV, jointly developed with Northrop , based on

5452-562: The dissolution of United Aircraft and Transport; the other two entities were United Aircraft (later United Technologies ) and United Airlines. In 1960, the company bought Vertol Aircraft Corporation , which at the time, was the biggest independent manufacturer of helicopters . During the 1960s and 1970s, the company diversified into industries such as outer space travel, marine craft, agriculture, energy production and transit systems. In 1995, Boeing partnered with Russian, Ukrainian, and Anglo-Norwegian organizations to create Sea Launch ,

5546-418: The estimated first delivery of the aircraft was delayed until 2024. After further technical problems were discovered in the aircraft in 2022, the release was delayed again until 2025, six years after the original date. On January 5, 2024, on Alaska Airlines Flight 1282 , a door plug blowout occurred on a 737 MAX 9 jetliner after the plane had reached just over 16,000 feet, leaving a door-sized hole in

5640-515: The facilities can undertake crash damage repair for a large number of aircraft types. With regard to Civil Aviation aircraft, HAI provide technical support on "A" and "B" level checks and is increasing this capability to "C" and "D" checks. HAI's Aircraft & Accessories maintenance capabilities cover a large number of aircraft types, such as: The Engine Maintenance Facilities cover an area of 16,000 sq.m which house 18 production shops capable of providing repair, overhaul, modification and testing to

5734-441: The first time since 2008. On October 12, 2024, the company announced plans to cut 17,000 jobs, about 10% of its global workforce, "to align with our financial reality". It would also delay the first deliveries of its 777X airliner by a year and recorded $ 5 billion in losses in the third quarter of the year. On October 28, Boeing initiated a significant share sale, valued at nearly $ 19 billion, to address cash-flow issues and avoid

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5828-409: The formation of the Airbus Industrie GIE consortium in 1970. In 2000, the European Aeronautic Defence and Space Company (EADS) NV was established. In addition to other subsidiaries pertaining to security and space activities, EADS owned 100% of the pre-existing Eurocopter SA , established in 1992, as well as 80% of Airbus Industrie GIE. In 2001, Airbus Industrie GIE was reorganised as Airbus SAS ,

5922-426: The founding companies of Airbus). Airbus Helicopters is the foremost player in the turbine helicopter industry both in terms of revenues and deliveries. The division's civilian products include the single engine H125 and H130 , the light twin engine H135 and H145 , the medium twin engine H155 and H160 , the super medium twin engine H175 , and the heavy twin engine H215 and H225 . Military products include

6016-438: The fuselage and the aircraft made an emergency landing at Portland International Airport successfully with several people onboard injured, although all had subsequently been "medically cleared". The FAA mandated immediate inspections of all 737 MAX 9s fitted with door plugs, thereby grounding 171 aircraft. United Airlines found loose bolts on jets grounded by the FAA, raising questions about possible systemic problems with

6110-414: The highest-ever tax breaks at the state level in 2013. Boeing's spent US$ 16.9 million on lobbying expenditures in 2009. In the 2008 presidential election , Barack Obama "was by far the biggest recipient of campaign contributions from Boeing employees and executives, hauling in US$ 197,000 – five times as much as John McCain , and more than the top eight Republicans combined". Boeing has

6204-411: The key to profit. It could work, and beautifully. And then they were taken over by a group that decided Wall Street was the end-all, be-all." EADS Airbus SE ( / ˈ ɛər b ʌ s / AIR -buss ; French: [ɛʁbys] ; German: [ˈɛːɐ̯bʊs] ; Spanish: [ˈejɾβus] ) is a European aerospace corporation. The company's primary business

6298-414: The latter won, and that this may have contributed to the events leading up to the 737 MAX crash crisis. Boeing's corporate headquarters moved from Seattle to Chicago in 2001. In 2018, the company opened its first factory in Europe at Sheffield , UK, reinforced by a research partnership with the University of Sheffield . In May 2020, the company cut over 12,000 jobs due to the drop in air travel during

6392-421: The latter's Chuckar III UAV. It was introduced in 1986 but the project did not proceed, considered too expensive for the Hellenic Air Force requirements. In 1990, HAI developed in collaboration with DASA of Germany , Alenia of Italy and Per Udsen of Denmark the "Advanced Amphibious Aircraft" (AAA) which, however, was not produced. Other developments that were not completed mostly for financial reasons at

6486-642: The list of corporations to divest from. Five protesters in solidarity with the Palestinian cause were arrested on felony charges after blocking entrances to a Boeing facility in Heath, Ohio . The student union at Washington University in St. Louis passed a resolution calling on the university to divest from Boeing. The key trends of Boeing are (as at the financial year ending December 31): Between 2010 and 2018, Boeing increased its operating cash flow from $ 3 to $ 15.3   billion, sustaining its share price, by negotiating advance payments from customers and delaying payments to its suppliers. This strategy

6580-405: The logos of Airbus Group NV (2014–2015) and Airbus Group SE (2015–2017), then Airbus SE: The Airbus product line started with the A300 in 1972, the world's first wide-body , twinjet aircraft. The aircraft greatly benefited from the 1976 introduction of the ETOPS 90 rule, which allowed twinjet aircraft to operate up to 90 minutes (increased from 60 minutes) away from the nearest airport. Under

6674-417: The merger: exclusivity agreements with three US airlines would be terminated, separate accounts would be maintained for the McDonnell-Douglas civil aircraft business, and some defense patents were to be made available to competitors. In 2020, Quartz reported that after the merger there was a "clash of corporate cultures, where Boeing's engineers and McDonnell Douglas's bean-counters went head-to-head", which

6768-660: The new rule, the A300 was able to operate over the North Atlantic , the Bay of Bengal , and the Indian Ocean more efficiently than the trijets and four-engined jet aircraft offered by competitors. They then went on to make the Airbus A310 which is also a wide-body aircraft. Airbus had identified a demand for an aircraft smaller than the Airbus A300 , the first twin-jet wide-body. It

6862-462: The possibility of establishing HAI as a Single Source supplier for a number of F-16 fighter aircraft structural subassemblies. HAI and Pratt & Whitney have established a joint venture titled "1st Source Aeroengines Services". The mission of this new company will be the MRO of a number of controls and accessories on a variety of commercial and military engines operating worldwide. HAI operates as one of

6956-613: The purchase of their commercial aircraft in countries including Brazil, Canada, Ireland, and the United Arab Emirates , from the Export-Import Bank of the United States , some 65% of the total loan guarantees the bank made in the period. In December 2011, the non-partisan organization Public Campaign criticized Boeing for spending US$ 52.29 million on lobbying and not paying taxes from 2008 to 2010, instead getting US$ 178 million in tax rebates , despite making

7050-510: The second quarter of 2024, compared to the same time period in 2023. The company's operating loss amounted to $ 1.39 billion and its net loss to $ 1.43 billion, while plane deliveries fell to 92 (from 136 in 2023). The company's employment totals are listed below. Approximately 1.5% of Boeing employees are in the Technical Fellowship program, a program through which Boeing's top engineers and scientists set technical direction for

7144-513: The sector of Aerospace Industries. HAI has been approved and certified by the HCAA (Hellenic Civil Aviation Authority) as a repair center to provide services for Civil aircraft components and engines in compliance to JAR-145 requirements and by major engine manufacturers for the repair and overhaul of engines, such as T53 by Honeywell Aerospace , T56/501D by Rolls-Royce and ATAR K-50 by Snecma Moteurs . Furthermore, it has been approved and certified as

7238-650: The structural and electronic upgrade (CCIP) of all US F-16 fighters that harbor in Europe, in its facilities in Greece. This agreement concerns approximately 100 aircraft of the US Air Force. The program begun in November 2007 and the first upgraded US fighter was delivered to the US Air Force in March 2008. Since 2005 HAI has been actively involved in the design and construction of part of the new Boeing Dreamliner 787 and specifically

7332-400: The time, include a trainer for the Hellenic Air Force of own design and many joint projects. In 1996, HAI entered the " F-16 Fighting Falcon " co-production program with Lockheed Martin . In 2000 HAI has joined the " Next Generation Fighter " program, an experimental Unmanned Combat Air Vehicle (UCAV), undertaking the construction of the rear fuselage, the tail pipe, the integration bench,

7426-497: The two fatal accidents, prioritized deadline and budget constraints over safety , and lacked transparency in disclosing essential information to the FAA. It further found that the assumption that simulator training would not be necessary had "diminished safety, minimized the value of pilot training , and inhibited technical design improvements". On January 7, 2021, Boeing settled to pay over $ 2.5 billion after being charged with fraud over

7520-492: The victims of Ethiopian Airlines Flight 302 (the 2019 crash) experienced any pain and suffering in the final six minutes as the plane was nosediving into the ground, citing "speed of sound" as a defence. Boeing's claim was described as "preposterous" by HuffPost : Passengers aboard the plane, the plaintiffs argued in court, "undeniably suffered horrific emotional distress, pain and suffering, and physical impact/injury while they endured extreme G-forces, braced for impact, knew

7614-489: The war in Yemen where its missiles were found to be used for indiscriminate attacks, killing many civilians. In 2017 Boeing signed a deal with Saudi Arabia which included Saudi Arabia buying military aircraft and guided missile systems. In 2023, it was reported that Boeing sent 1,000 small diameter bombs for the first week of Israeli air attacks on Gaza that were shipped from a US Air Force base by Israeli Air Force . During

7708-706: The wing of the new AIRBUS A380 (TANGO project). In 2010, the Hellenic Aerospace Industry was considered one of several Greek state owned enterprises requiring restructuring, because it had a primary revenue deficit. The Aircraft Maintenance Facilities cover a wide range of military & civil fixed and rotary wing aircraft. All aircraft accessories, components and avionics are covered. Services include depot level maintenance, major electromechanical, pneumatic and electronic systems, modification/upgrade programs on aircraft and avionics systems, structural reworks, aircraft painting and corrosion control. In addition

7802-405: The world grounded all 737 MAX airliners. A total of 387 aircraft were grounded. Boeing's reputation, business, and financial rating suffered after the groundings, as Boeing's strategy, governance, and focus on profits and cost efficiency were questioned. In 2022, Netflix released an exposé, Downfall: The Case Against Boeing , claiming Boeing's corporate merger with McDonnell Douglas led to

7896-499: The world’s six T56 Engine Authorized Maintenance Centers (AMCs) under certification by Rolls-Royce and is also certified as AMC for the C-130 aircraft by Lockheed Martin, for the M53 engine by SNECMA and the T53 engine by Honeywell . HAI is also a strategic partner with Airbus , Dassault Aviation , EADS , Raytheon , Boeing , SNECMA , Aermacchi and General Electric . HAI is a partner to

7990-465: Was a four-engine aircraft with two full-length passenger seating decks. Intended to challenge the dominance of the Boeing 747 in the long-haul market, the A380 was ultimately a money-losing venture for Airbus due to large development costs and limited sales, and production ended in January 2022. The A350 , a wide-body, twinjet aircraft was introduced in 2013. The A350 was the first Airbus aircraft made largely from carbon-fiber-reinforced polymers . It

8084-413: Was a partner in the Eurofighter consortium as well as in the missile systems provider MBDA . Airbus Helicopters , formerly known as Eurocopter, is a helicopter manufacturing and support company. The 10 largest shareholder of Airbus in early 2024 were: The corporate management of Airbus is: Airbus has several final assembly lines for different models and markets. These are: Airbus, however, has

8178-581: Was developed for European NATO members, Belgium, France, Germany, Luxembourg, Spain, Turkey, and the UK, as an alternative to relying on foreign aircraft. During development, the A400M programme faced delays and cost overruns; with customer nations stepping in offer additional subsidies. The first aircraft was delivered to the French Air Force in 2013, and by 2023, more than 100 aircraft had been built. The Defence and Space division also market and assembles

8272-666: Was formed in January 2014 as part of the group restructuring from the former EADS divisions Airbus Military , Astrium , and Cassidian (composed of Cassidian Electronics – develops and manufactures sensors, radars, avionics and electronic warfare systems for military and security applications, Cassidian Air Systems – develops manned and unmanned aerial systems (UAVs), mission avionics, electronic defence and warning systems and Cassidian Systems – provides global security systems such as command & control, lead system integration, TETRA and TETRAPOL communication systems for public safety, industry, transportation and defence. This line of business

8366-466: Was given its present name in April 2017. Aérospatiale (est. 1970) Matra (est. 1937) Daimler-Benz (aerospace unit) (est. 1926) Dornier Flugzeugwerke (est. 1922) Messerschmitt-Bölkow-Blohm (MBB) (est. 1968) CASA (Construcciones Aeronáuticas SA) (est. 1923) The logos of Airbus Industrie GIE and Airbus SAS displayed a stylised turbine symbol, redolent of a jet engine , and

8460-553: Was initially discussed in March of the same year before being closed on June 30 at $ 4.7 billion. On September 12, 2024, a vote was held among Boeing machinist workers who are also members of the International Association of Machinists and Aerospace Workers (IAM) labor union, with 94.6% of participating members rejected a contract offer that the union's bargaining committee had endorsed, with 96% voting to strike. At 12:01 am on September 13, Boeing workers went on strike for

8554-510: Was manufactured from 1981-1998. Building on its success with the A300, Airbus worked to develop a narrow-body aircraft along with additional wide-body aircraft based on the A300. The narrow-body efforts led to the launch of the A320 in 1987, which was and continues to be a major commercial success. The A320 was the first commercial jet to use a digital fly-by-wire control system. All Airbus aircraft developed since then have cockpit systems similar to

8648-453: Was reportedly purchased by the Russian state-owned Vneshtorgbank , bringing its share to nearly 6 %. In December 2007, Vneshtorgbank sold EADS shares to another state-controlled bank, Vnesheconombank . EADS shares were to be delivered by Vneshekonombank to the charter capital of JSC United Aircraft Corporation in 2008. On 3 October 2006, shortly after EADS admitted further delays in

8742-420: Was second on the list of Top 100 US Federal Contractors , with contracts totaling US$ 22 billion and US$ 23 billion respectively. Between 1995 and early 2021, the company agreed to pay US$ 4.3 billion to settle 84 instances of misconduct, including US$ 615 million in 2006 in relation to illegal hiring of government officials and improper use of proprietary information. Boeing secured

8836-408: Was the first one in the world to begin field tests with TETRA Enhanced Data Service (TEDS). The Airbus Military division, which manufactured tanker, transport and mission aircraft; Airbus Helicopters , the world's largest helicopter supplier; Astrium , provided systems for aerial, land, naval and civilian security applications including Ariane , Galileo and Cassidian . Through Cassidian, EADS

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