Stelia Aerospace
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Stelia Aerospace
Stelia Aerospace (stylized STELIA Aerospace) is an aerospace company headquartered in Toulouse, France. It specializes in the design and manufacture of aerostructures, pilot seats and premium class passenger seats, mainly for the commercial aviation sector. Stelia Aerospace was created on 1 January 2015 by the merger of two Airbus business units: ''Aerolia'' and ''SOGERMA''. The company is a wholly owned subsidiary of Airbus. History Stelia Aerospace can trace its origins back to the merge of two companies, SOGERMA and Aerolia. SOGERMA (''Société girondine d’entretien et de réparation de matériel aéronautique'') was a French company founded in 1924 amid the early days of aviation. Prior to its restructuring in 2006, the company largely focused on maintenance, repair and overhaul (MRO), but subsequently directed its resources to its specialist aerostructures and seating activities. AEROLIA SA was founded on 1 January 2009 as a spin-off of Airbus France's aerostru ...
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Société Par Actions Simplifiée
''Société par actions simplifiée'' (SAS; English: simplified joint-stock company) is a French type of business entity. It is the first hybrid entity enacted under French law and based on common law principles rather than civil. It is similar to a limited liability company under United States law, as the Delaware LLC was the model used by the French government. The SAS is also similar to the limited company in British law, and most other hybrids, though the hybrid in civil-law countries is quite different because there is also a hybrid of common law principles applied. A ''société par actions simplifiée'' has its annual statements audited by an independent body and published. The head of a ''société par actions simplifiée'' is its ''président''. However, unlike the ''société anonyme'', it does not have a board. The ''président'' is also responsible for the operation of the company. The company may also have a ''directeur général'' (managing director), who has ...
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