Airbus 2010 Annual Report Download - page 86

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64
EADS ANNUAL REVIEW 2010
Glossary
Additive Layer Manufacturing (ALM)
A revolutionary new method of manufacturing that promises
greater precision, improved raw material performance and
significantly less waste.
AGILE
Short for Ambitious, Globally growing, Innovative, Lean and
Entrepreneurial, Astrium’s improvement programme designed
to increase efficiency and reduce cost.
Air Transport Action Group (ATAG)
A global coalition of air transport industry companies and
trade associations that have united to foster aviation industry
improvements in an environmentally responsible manner.
Automated Transfer Vehicle (ATV)
The space cargo vehicle that is supplying the International
Space Station with scientific equipment, spares and fuel,
together with supplies of food, air and water.
Available Seat Kilometres (ASK)
Available seat kilometres measure an airline’s passenger
carrying capacity. The measure is calculated by multiplying
the number of seats available by the distance flown.
Biofuel
Fuel made from a range of biomass sources. Biofuels are
regarded as carbon neutral because the biomass they are
derived from consumes CO2 as it grows. Second generation
biofuels do not compete with agriculture for land.
Black Belt
See Lean Six Sigma Programme.
Bluecopter
Bluecopter is the name of the Eurocopter technology
demonstrator that showcases ‘green’ technologies, including
a fuel-efficient, low-emission propulsion system.
Carbon dioxide (CO2)
A greenhouse gas identified as contributing to climate change.
Cyber security/warfare
Cyber security is the emerging field of protecting computer
systems and data from interference through the internet.
Demonstrator
A prototype used to demonstrate new technologies ahead
of their incorporation into new products.
Earnings before interest and taxes (EBIT*)
EADS uses EBIT* pre-goodwill impairment and exceptional
items as a key indicator of its economic performance.
Eco-efficiency
Term used to describe the management philosophy
of creating economic value while minimising
environmental impact.
Emerging market/country
An emerging market is loosely defined by the International
Finance Corporation arm of the World Bank as an economy
with low-to-medium per capita income.
Endpoint security
Endpoint security involves installing security software at ‘end
points’, ranging from desktop computers to point-of-sale
terminals. The software is then centrally managed through
a server or gateway.
Engagement survey
A survey of EADS employees intended to canvass their level
of engagement across a range of measures.
Future EADS
EADS programme aimed at improving integration of support
functions across the Group, to deliver efficiency gains and
cash savings.
Gross Domestic Product (GDP)
GDP is a basic measure of a country’s economic output,
or the market value of all goods and services produced
by a country in a year.
Hedge
A hedge is a form of financial insurance that provides
protection against adverse currency movements.
International Air Transport Association (IATA)
IATA is the airline industry’s global trade association,
representing some 230 airlines operating 93%
of scheduled air traffic.
International Civil Aviation Organisation (ICAO)
A United Nations specialised agency that works to achieve
the safe, secure and sustainable development of civil aviation.
International Organisation for Standardisation (ISO)
ISO is a network of national standards institutes that
sets standards for the benefit of business and the wider
community.
Innovation Works
EADS’ global organisation that conducts strategic
research, inventing the technologies needed for product
development.