Airbus was formed out of a consolidation of several European defense and aerospace companies.
The firm, based in Toulouse, France, produces several popular passenger and military aircraft, including the world's largest jetliner, the A380.
A list of retaliatory EU tariffs on US imports will reportedly be published next Wednesday. The EU accuses the US of providing illegal state aid to Boeing, and the US accuses the EU of doing the same for Airbus.
Startups like Volocopter are taking advantage of advances in electric battery technology, with newer models now having enough capacity to power short flights. Major industry players like Airbus and Boeing are also taking notice. Will we soon be seeing skies full of personal electric aircraft?