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.
Air travel is responsible for around 2.5 percent of global CO2 emissions - and yet, despite the climate crisis, more and more people are choosing to fly. Passenger numbers have risen sharply over the last few years - particularly in Asia. But is this trend set to continue or will the weakening global economy catch up with it?
The US has said it may increase tariffs after the EU lost its case at the WTO. The US claimed that loans made by the EU to Airbus for the development of the A380 and other aircraft represented an unfair advantage.