Flying ahead

304 Pages·2016·6.04 MB·English

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.