Preview

Report on Airbus

Powerful Essays
Open Document
Open Document
6654 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Report on Airbus
UMAID SINGH
2012
REPORT ON AIRBUS UMAID SINGH
2012
REPORT ON AIRBUS

SUBMITTED TO
MR.MAHENDRA DAIYA
ASST. PROF
JIET DMS
JIET GROUP OF INSTITUTIONS
NH-65 , Pali Road – Mogra , Jodhpur

SUBMITTED TO
MR.MAHENDRA DAIYA
ASST. PROF
JIET DMS
JIET GROUP OF INSTITUTIONS
NH-65 , Pali Road – Mogra , Jodhpur

ACKNOWLEDGEMENT

I express my sincere thanks to my project guide, MR.MAHENDRA DAIYA, MBA(MARKETING),at JIET, for guiding me right from the inception till the successful completion of the project. I sincerely acknowledge her for extending their valuable guidance , support for literature , critical reviews of project and above all the moral support she had provided to me with all stages of this project.

I express my gratitude to Faculty of Management for providing me with this opportunity and constant guidance.

(Signature) (Student Signature)

-------------------------------------------------
CONTENT
S.NO. | CONTENTS | PAGE NO. | 1. | BUDGETARY CONTROL -INTRODUCTION | 4 | 2. | OBJECTIVE | 5 | 3. | STRUCTURE OF BUDGETING | 5 | 4. | BUDGETARY CONTROL METHODS | 5 | 5. | RESPONSIBILITY CENTERS | 6 | 6. | BUDGET PREPARATION | 9 | 7. | MASTER BUDGET | 14 | 8. | PRICE AND QUANTITY VARIANCE | 16 | 9. | MANAGEMENT ACTION AND COST CONTROL | 18 | 10. | ZERO BASED BUDGETING | 18 | 11. | BIBLIOGRAPHY | 19 |
-------------------------------------------------

AIRBUS: A LEADING AIRCRAFT MANUFACTURER
-------------------------------------------------
History
Origins
Airbus Industrie began as a consortium of European aviation firms to compete with American companies
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Powerful Essays

    Airbus Case Analysis
    • 1553 Words
    • 7 Pages

    Airbus Case Analysis

    1. Reasons that Airbus interested in A3XX  A Revolution Adventure -- The first objective of this project is to fill the market gap by introducing a new type of aircraft. Airbus, with A3XX under the plan, is stepping into an area that Boeing has rarely touched, the very large aircraft (VLA) market. If Airbus well forecasts the future market, A3XX will be the flagship in a new airline revolution. Capturing more than half the VLA market with A3XX, Airbus would constitute an enormous financial success and achieve the ultimate objective-- the leader of commercial aviation industry.  Abundant Financial Resources and Developed Technologies -- Airbus possesses abundant funding resources and cutting-edge technologies which could substantially reduce the training cost. Airbus was prepared to receive around $4 billion development loans from the British, French, German and Spanish governments, repayable from sales revenue. Together with contributions from risk-sharing partners and its own shareholders, Airbus has no need to worry about its financial resources and thus can concentrate on the production and sale of A3XX. In addition, the well-developed aircraft technologies such as fly-by-wire technology, fight deck design, and performance characteristics that are common across the Airbus family pave the way for the A3XX’s development and potential market.  Favorable factors from Context Analysis -- Needs for travelling and cargo transportation are essential parameters which airlines have to take into consideration; hence, they are also vital determinants of demand for commercial aircrafts. According to Airbus’s Global Market Forecast (GMF), air transportation industry is expected to grow at 4.9% annually. This continuous growth demand of the flight market can offer Airbus Company a sound support to launch new types of planes. In…

    • 1553 Words
    • 7 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Airbus Q&A
    • 904 Words
    • 3 Pages

    Airbus Q&A

    Boeing and Airbus competed in the same 4 segment of the aircraft market. Both companies have been in a tight competition up to the time of the case. In 2005 Airbus sold 82 more airplanes than Boeing did (1,111-1,029), though at the same year Boeing won the orders in “terms of value”.…

    • 904 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Better Essays

    Nursing Leadership/Management Role in Budgets
    • 1211 Words
    • 5 Pages

    Nursing Leadership/Management Role in Budgets

    References: Baker, J.J. & Baker, R.W. (3rd Ed.). (2011). Health care finance: Basic tools for nonfinancial…

    • 1211 Words
    • 5 Pages
    Better Essays
    Read More
  • Good Essays

    Collision Course in Commercial Aircraft: Boeing-Airbus-McDonnell Douglas
    • 1675 Words
    • 5 Pages

    Collision Course in Commercial Aircraft: Boeing-Airbus-McDonnell Douglas

    Airbus is a consortium of European aircraft manufacturers formed in 1970; Boeing Company was founded in 1916 as the world's largest private commercial aircraft manufacturer in the USA; and finally McDonnell Douglas, considered the third major manufacturer, began operations since 1920 working essentially for the US government, manufacturing military aircrafts.…

    • 1675 Words
    • 5 Pages
    Good Essays
    Read More
  • Good Essays

    Boeing vs. Airbus
    • 566 Words
    • 3 Pages

    Boeing vs. Airbus

    I think that the subsidies and soft loans provided to Airbus are unfair and provide them with an unfair competitive advantage. Airbus is given aid from Britain, Spain, France, Germany, and the European Union. These countries’ governments are responsible not only for providing the funding that created Airbus, but also for funding its ongoing success. In fact, government aid is responsible for the creation of all their aircraft models. With this kind of support, it is nearly impossible for Airbus to fail. I feel as if these European governments have gone too far in helping Airbus succeed. It’s one thing to help a company start up, but continually infusing money into a company guaranteeing its success provides unfair advantages over other companies, such as Boeing, that have been able to sustain without such drastic help. The extensive financial assistance has allowed Airbus to quickly gain market share and outsell Boeing. Thus, Airbus has been able to grow and profit while Boeing has had no other choice but to sit back and watch Airbus take over the commercial aircraft industry—the industry Boeing had led for decades.…

    • 566 Words
    • 3 Pages
    Good Essays
    Read More
  • Best Essays

    Airbus vs Boeing 4
    • 4638 Words
    • 19 Pages

    Airbus vs Boeing 4

    Airbus is one of the world 's leading aircraft manufacturers, and it consistently captures approximately half or more of all orders for airliners with more than 100 seats. Airbus was formed in 1970 by a consortium of France’s Aerospatiale, Germany’s Deutsch Airbus and Spain’s CASA. The main business is to design and manufacture civil transports. The companies first decided to build their first twin-engine wide body airliner - the A300. However, at that time, Boeing, which becomes its biggest competitor in following decades, enjoyed most market dominance with various airplane products. Therefore, in the infancy, A300 was not a particular success for Airbus. It was not until 1981 and the introduction of the A320 made Airbus become a major manufacturer in the civil aviation industry. This model was a great success because it adopted a computerized system of flight controls - fly-by-wire technology.…

    • 4638 Words
    • 19 Pages
    Best Essays
    Read More
  • Good Essays

    Airbus: Executive Summary
    • 1039 Words
    • 5 Pages

    Airbus: Executive Summary

    Airbus is one of the world’s leading manufacturers of commercial jetliners and military airlifters. In 2009 Airbus celebrated its 40th anniversary of its first aircraft launch (Airbus, 2011). Airbus was born as a consortium between firms as a desperate attempt by the European government to end the American manufacturers’ monopoly in the aerospace industry (Carpenter, 2009). Initially the countries included in the consortium were France and Germany with Spain and Britain joining the consortium further down the line. Each country represented in the consortium was…

    • 1039 Words
    • 5 Pages
    Good Essays
    Read More
  • Best Essays

    Competition Between Boeing and Airbus
    • 1807 Words
    • 8 Pages

    Competition Between Boeing and Airbus

    The History of Airbus is a much more recent one. After France and Germany worked on some projects together during the sixties, Airbus Industries was founded in cooperation with the British “Hawker and Sittley” company and the Dutch/German “Fokker” company in 1970. The biggest difference to Boeing was that Airbus allocated their production plants at different locations in France and Germany in order to work more time efficient and support the economy within the areas.…

    • 1807 Words
    • 8 Pages
    Best Essays
    Read More
  • Good Essays

    Case Analisys : Airbus in China
    • 1714 Words
    • 7 Pages

    Case Analisys : Airbus in China

    Since 1985, cooperation between Airbus and China covers the commercial, industry and research sectors. Laurence Barron, president of Airbus China since January 2004 is willing to expand this cooperation with Chinese aviation industry. Heading this way, a joint venture was launched in September 2008 owned by the European aircraft-maker for 51%, with the remaining 49% held by a Chinese consortium that comprises Tianjin Free Trade Zone (TJFTZ) and China Aviation Industry Corporation (AVIC). In addition, already six Chinese companies are involved in manufacturing parts of the Airbus jet liners, adding a strong “Chinese flavor” to the big airplane family. Airbus in China faces many management issues that I’m going to identify. First, since June 2011, the state-owned manufacturer Comac (Commercial Aircraft Corporation of China) entered into competition with both aircraft companies Boeing and Airbus by presenting its new aircraft: the C919. This became possible because of the technology transfer induced by the many aircraft companies’ joint-ventures created these past decades in China. Comac benefited from this efflux and will probably be able to compete with the experienced eastern companies. This was led by the strategy of most companies that consisted in assembling many parts of their aircraft in China. The stateowned company will benefit from many advantages since it knows its market better than any foreign company and that the government has a lot of power in China. In addition, language and cultural barriers, such as the “Guanxi” which relates to social networking and interactions between Chinese people will play in favor of the new local company that will be able to sort out the best agreements and manage their employees with efficiency. Other issue faced by Airbus is their relationship with the Chinese government.…

    • 1714 Words
    • 7 Pages
    Good Essays
    Read More
  • Good Essays

    Case Analysis: the Rise of Airbus, 1970-2005
    • 944 Words
    • 4 Pages

    Case Analysis: the Rise of Airbus, 1970-2005

    The approved airbus model was A300. The project was launched shortly thereafter, but not a single A300 was ordered by any air carrier during 1967, 1968, and 1969. With no orders in sight, the British government was reluctant to keep on investing in the risky venture, and in 1969 announced its decision to withdraw from the project (it rejoined ten years later). In 1970, French and German governments went ahead and formalized their partnership, creating Airbus Industrie – a cooperative partnership (or consortium) registered under French law as a “Grouping of Economic Interests” (GEI). In 1971, Spanish aircraft manufacturers associated with Construcciones Aeronauticas SA (CASA) joined Airbus Industrie as a junior partner.…

    • 944 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    drugs store
    • 497 Words
    • 5 Pages

    drugs store

    The following data have been gathered for the preparation of the cash budget for the…

    • 497 Words
    • 5 Pages
    Good Essays
    Read More
  • Powerful Essays

    Preference for Frozen Foods
    • 1416 Words
    • 6 Pages

    Preference for Frozen Foods

    I am very thankful to my project guide Ms.Pooja Chatley ; lect.of Bachelors in Business Administration department .she has been rich personal source of inspiration and guidance. Her relentless and always thoughtful questioning was often critical to the honing of ideas in this project.…

    • 1416 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Pifra Guidelines Pakistan
    • 12836 Words
    • 52 Pages

    Pifra Guidelines Pakistan

    5.1 Introduction 5.2 Manual of Accounting Principles 5.3 Basis of Accounting 5.4 Features of modified cash accounting 5.5 Financial Reporting Manual 5.6 Chart of Accounts 5.7 Classification of Funds 5.8 Overview of Administrative Arrangements…

    • 12836 Words
    • 52 Pages
    Powerful Essays
    Read More
  • Powerful Essays

    Project on Budgetary Control
    • 6239 Words
    • 25 Pages

    Project on Budgetary Control

    Sr. No. 1 2 3 4 5 6 7 8 PARTICULARS Budget and Budgetary Control Zero Base Budgets…

    • 6239 Words
    • 25 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    Topic 10 Budgeting
    • 1350 Words
    • 20 Pages

    Topic 10 Budgeting

    www.buseco.monash.edu ACF5903 - Topic 10 - Budgeting www.buseco.monash.edu Objectives •Understand the link between strategic planning and budgeting •List the key steps in the budgeting process •Understand the different types of budgets •Outline behavioural issues associated with budgeting…

    • 1350 Words
    • 20 Pages
    Satisfactory Essays
    Read More

Related Topics