
History of Airbus and Boeing
Airbus Group serves as Europe's counterpart to the Boeing Company. During the mid-1990s, several European aerospace and defense contractors, such as DaimlerChrysler Aerospace (DASA) and Aérospatiale-Matra, were looking to take advantage of the newly formed European Union and eurozone by merging into a single entity. The resulting merger took place in July of 2000 and led to a newly formed company known as the European Aeronautic Defence and Space Company (EADS). After 14 years of operation, EADS reorganized the company into the Airbus Group, with three primary divisions in aircraft, airspace, and helicopter manufacturing.The Boeing Company was incorporated in 1916 by William E. Boeing out of Seattle, Washington as "Pacific Aero Products Co". Boeing's background in wooden structure design is believed to have inspired his future design and assembly of airplanes. To benefit from the abundance of spruce wood in the area, Seattle remained as the primary manufacturing location.