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Airbus - Wikipedia, the free encyclopedia (2156 words) |
 | The name "Airbus" was taken from a nonproprietary term used by the airline industry in the 1960s to refer to a commercial aircraft of a certain size and range, for this term was acceptable to the French linguistically. |
| In January 1999 Airbus established a separate company, Airbus Military S.A.S., to undertake development and production of a turboprop powered military transport aircraft (the Airbus Military A400M.) The A400M is being developed by several NATO members, Belgium, France, Germany, Luxembourg, Spain, Turkey, and the UK, as an alternative to the C-130 Hercules. |
| Airbus is given launch aid from European governments with the money being paid back with interest, but only if the plane is a commercial success [1], and contends that this is fully compliant with the 1992 agreement and WTO rules. |
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