Airbus SE is a multinational aerospace corporation that designs, manufactures and sells commercial aircraft and has separate Defence and Space and Helicopters divisions. It was founded in 1970 as a collaboration of European aerospace companies to develop and produce a wide-body aircraft to compete with American-built airliners. The company operates major offices and assembly plants in various countries. Airbus’s registered headquarters is in Leiden, Netherlands, but its head office is located in Toulouse, France. Its shares are traded in France, Germany, and Spain. The company is a component of the Euro Stoxx 50 stock market index. The company is led by CEO Guillaume Faury. As of 2019, Airbus is the world’s largest manufacturer of airliners as well as the leading helicopter manufacturer.