single European manufacturer had the resources to compete with
Boeing and McDonnell Douglas, France and West Germany agreed in 1969
to create the Airbus consortium. The first Airbus, the
prototype A300, flew in 1972.
Airbus is currently owned by EADS and BAE Systems
(British Aerospace). EADS is a European consortium
which includes Aerospatiale of France, Construcciones Aeronauticas
SA (CASA) of Spain and Daimler Chrysler Aerospace
(Dornier and Messerschmitt-Bolkow-Blohm) of Germany.