Messerschmitt P.1070
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Messerschmitt P.1070
Messerschmitt AG () was a German Aktiengesellschaft, share-ownership limited, Aerospace manufacturer, aircraft manufacturing corporation named after its chief designer Willy Messerschmitt from 1938 in aviation#July, mid-July 1938 onwards, and known primarily for its World War II fighter aircraft, in particular the Messerschmitt Bf 109, Bf 109 and Messerschmitt Me 262, Me 262. The company survived in the post-war era, undergoing a number of mergers and changing its name from Messerschmitt to Messerschmitt-Bölkow-Blohm before being bought by Deutsche Aerospace (DASA, now part of Airbus) in 1989. History Background In February 1916, the south German engineering company MAN SE, MAN AG and several banks purchased the unprofitable aircraft builder Otto-Flugzeugwerke, starting a new company, ''Bayerische Flugzeugwerke AG'' (abbreviated ''B.F.W.''). The articles of association were drawn up on 19 and 20 February, and completed on 2 March 1916. Details of the company were recorded in t ...
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Aktiengesellschaft
(; abbreviated AG, ) is a German word for a corporation limited by Share (finance), share ownership (i.e. one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equivalent to a ''S.A. (corporation), société anonyme'' or a ''società per azioni''), and South Tyrol for companies incorporated there. It is also used in Luxembourg (as lb, Aktiëgesellschaft, label=none, ), although the equivalent French language term ''S.A. (corporation), société anonyme'' is more common. In the United Kingdom, the equivalent term is public limited company, "PLC" and in the United States while the terms Incorporation (business), "incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company" (though note for the British term only a minority of public limited companies have their shares listed on stock exchanges). Meaning of the word The German w ...
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