Premium AEROTEC

While a large portion of Premium AEROTEC's business has been derived from its parent company, it has also forged partnerships with other manufacturing groups, including Dassault Aviation, Vought and Latécoère.

[3] Its independence came as a consequence of several economic factors affecting the business; during 2007, EADS' management decided to respond to events, such a weakening US dollar and the high investment needed by both the Airbus A380 and A350 XWB airliners, by launching a restructuring initiative intended to streamline the group, divest several non-core activities, and cut costs.

[12] In January 2009, Airbus stated its confidence that its recent spin-offs, including Premium AEROTEC, would be ready to seek out their own partners within three to five years.

[16] While the company also performs work for a variety of other aerospace manufacturers, Premium AEROTEC remains closely aligned with the needs of Airbus, which is a leading customer as well as the owner of the firm.

[17] In April 2018, Premium Aerotec chose to adopt Skywise, Airbus's digital services platform, with the goal of improving its supply chain processes.

Premium AEROTEC factory in Nordenham
Aerial view of Premium Aerotec in Nordenham (May 2012)