Flying ahead l ANNUAL REPORT 2015 l Contents GROUP OVERVIEW /01 Flying ahead: Highlights /10 Key Figures 2015 /12 Letter from the Chairman of the Board /14 Interview with the Chief Executive Officer /16 Group Executive Committee /18 Interview with the Chief Financial Officer /20 Airbus /22 Airbus Helicopters /24 Airbus Defence and Space /26 Corporate Social Responsibility /28 Innovation Highlights /30 Share Information REGISTRATION DOCUMENT FINANCIAL STATEMENTS AIRBUS GROUP ANNUAL REPORT 2015 l 01 l Flying ahead At Airbus Group, ‘we make it fly’ is our motto. Day in and day out, the Company’s men and women deliver more than just products. They make a difference to our customers through innovative solutions, game-changing engineering, manufacturing excellence and corporate responsibility. We are flying ahead – moving ahead with our strategy and staying ahead of the competition. AIRBUS GROUP ANNUAL REPORT 2015 l 02 l Innovation H160 H160 A game-changing design in the helicopter market Flight testing of the highly innovative production use of ‘Blue Edge’ main H160 helicopter got underway during rotor blades cuts exterior sound 2015, paving the way for its planned levels by 50%. entry-into-service in 2018. The aircraft The H160 is the first-ever, raises the standards for performance, fully-composite civil helicopter, cost effectiveness, passenger comfort resulting in an airframe that is lighter, and environmental impact to create more robust, resistant to corrosion the benchmark in the medium-class and fatigue, while requiring less rotorcraft sector. maintenance. The H160 offers nose-to-tail With a cruise speed of 160 knots, breakthroughs in design and the H160 can carry 12 passengers at systems and integrates as many as distances of up to 120 nautical miles 68 company-patented technologies. for oil and gas missions, and has a To help improve performance and 450 nautical mile range with 20-minute flight stability, the aircraft includes reserve in public service or search and the largest-ever canted Fenestron® rescue tasks. shrouded tail rotor, while the initial AIRBUS GROUP ANNUAL REPORT 2015 l 03 l Where breakthroughs come from A320neo A320neo Technical advances offer airlines greater efficiency Following a rigorous flight testing unbeatable fuel efficiency but also programme, the A320neo (new engine significant environmental benefits option) received type certification from with nearly a 50% reduction in noise safety authorities in Europe and the footprint compared to previous U.S. towards the end of 2015. The first generation aircraft. delivery followed in early 2016, while During 2015, Airbus launched the almost 4,500 firm orders had been larger A321LR variant which offers received by the end of 2015. the longest range of any single-aisle Being a great example of incremental airliner at 4,000 nautical miles and a innovation, the A320neo incorporates maximum take-off weight of 97 tonnes. latest technologies such as new The aircraft, which is due to be generation engines and Sharklet delivered from 2019, includes an wing-tip devices, which together additional fuel tank in the forward deliver a 15% fuel burn reduction underfloor hold as well as minor and 20% by 2020 through cabin improvements on the wing and innovations and further engine fuselage to provide the additional efficiency improvements. range. The A321LR is able to fly longer The stories The A320neo offers not only routes such as the transatlantic. continue non-stop on annualreport.airbusgroup.com AIRBUS GROUP ANNUAL REPORT 2015 l 04 l Disruption ONEWEB ONEWEB Bringing the web to the whole world Half the world currently has no way Resources and expertise are being to connect to the Internet. Under a leveraged from across Airbus Group, pioneering business model, Airbus including techniques developed for Group has teamed up with OneWeb large volume commercial aircraft to provide an affordable Internet production. connection for everyone by developing The first 10 satellites will be designed a constellation of hundreds of small and manufactured in Toulouse by telecommunications satellites. a new Joint Venture between Airbus In 2015, Airbus Defence and Space Defence and Space and OneWeb was chosen as OneWeb’s industrial known as OneWeb Satellites. Full partner to design and manufacture series production will take place at 900 satellites weighing around a dedicated plant in the U.S. with the 150 kilogrammes each. In an industry first satellites due to be launched into first, several satellites will be built daily low Earth orbit from 2018. and require the development of innovative designs and industrial processes to dramatically lower the cost structure involved for these high performance spacecraft. AIRBUS GROUP ANNUAL REPORT 2015 l 05 l How we are challenging the status quo A3 AND AIRBUS VENTURES A3 AND AIRBUS VENTURES Silicon Valley outposts defining the future of flight To help maintain its market-leading the Group and the industry. position and accelerate the pace of In early 2016, A3 undertook a pilot innovation, Airbus Group established project for an on-demand a dedicated innovation centre and a transportation service using corporate venture fund in California’s Airbus Group helicopters. Silicon Valley during 2015. These Airbus Ventures was set-up with an business units will enhance the initial commitment of US $ 150 million Group’s ability to identify and and a mission to invest in promising, capitalise on innovative and disruptive and innovative business transformational technologies and opportunities around the globe. business models while increasing It announced its first investment in its global presence. early 2016 with a U.S.-based company Known as A3, the innovation centre is combining open-innovation optimised for speed of execution and development and micro-manufacturing. risk tolerance while maintaining a strong link to Airbus Group’s core A3 and Airbus Ventures complement businesses. It is pursuing the existing activities of Airbus Group opportunities for technological, Innovations and Airbus’ BizLab network manufacturing and process disruption of aerospace business accelerators. The stories with a goal of disrupting both continue non-stop on annualreport.airbusgroup.com AIRBUS GROUP ANNUAL REPORT 2015 l 06 l Operations GLOBAL PRESENCE GLOBAL PRESENCE U.S. Manufacturing Facility opens in Mobile In September 2015, Airbus opened its in the Group’s strategy to further first U.S. Manufacturing Facility in increase its international industrial Mobile, Alabama. Aircraft deliveries footprint, including in North America. from the new plant begin in 2016. The US $ 600 million, 53-acre facility at By the end of 2017, it will manufacture the Mobile Aeroplex at Brookley shows A319s, A320s and A321s at a rate of Airbus’ significant commitment to four per month. the U.S. – which is the largest market This complements existing assembly in the world for single-aisle aircraft. lines in France, Germany and China, The vast majority of A320 Family allowing Airbus to produce aircraft aircraft produced in Mobile will be around the clock from its plants on delivered to North American three continents. The Mobile facility customers. opening also marks an important step AIRBUS GROUP ANNUAL REPORT 2015 l 07 l Delivering efficiency globally PRODUCTION RAMP-UPS PRODUCTION RAMP-UPS Increasing the output of key aircraft A major priority for 2015 was to decisions are supported by the record ramp-up production on key aircraft Airbus backlog and supply chain programmes. On the A350 XWB, commitments. With certification of the deliveries increased to 14 in 2015 A320neo achieved in November 2015 compared to one during 2014 as and the first delivery following in Airbus heads towards its targeted January, Airbus prepared the ground monthly production rate of 10 aircraft for its production ramp-up in 2016. by the end of 2018. Rising production was also a priority A decision was taken during the year on the A400M programme as well as to increase the A320 Family aircraft improving the industrial efficiency and production rate to firstly 50 per month military capabilities of the aircraft. in 2017 and then to 60 a month in In total, 11 A400Ms were delivered in mid-2019. Furthermore, the A330 rate 2015 compared to eight in 2014. will again increase to seven aircraft per month from 2017. These rate increase The stories continue non-stop on annualreport.airbusgroup.com AIRBUS GROUP ANNUAL REPORT 2015 l 08 l Engagement LEADERSHIP UNIVERSITY LEADERSHIP UNIVERSITY Prioritising leadership development The Leadership University creates or mentoring sessions. Overall, opportunities for all leaders and aspiring more than 55,000 days of leadership leaders to develop, connect and share, development were delivered. reflect and learn, innovate and support Entrepreneurs and start-ups are also a culture of collaboration and autonomy involved in the development of Airbus within Airbus Group. The University Group’s leaders, inspiring and proposes a wide portfolio of leadership encouraging collaboration and open development solutions such as modular innovation, while partnerships with other programmes, short courses, blended companies and universities enable learning solutions, conferences, events, leaders to stay connected with latest learning expeditions, team workshops, business practices and industry trends. coaching, 360 degree feedback, mentoring, and assessment through The main campus of the Leadership self-assessment and structured University is due to open in the autumn assessment centres. of 2016 near the A380 Final Assembly In 2015, around 760 team workshops, Line in Blagnac (France). Local 1,260 facilitated 360 degree feedback campuses located at key Group sites sessions, 1,000 sessions of leadership across Europe opened in 2015, with courses and programmes were run. In more to follow in 2016 both in Europe total, 465 employees received coaching and internationally.
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