Economy
The main industries are aeronautics, space, electronics, information technology and biotechnology. Toulouse hosts the Airbus headquarters and assembly-lines of Airbus A320, A330, A340, and A380, the others (A318, A319, A321 and A380 interior furnishing) being in Hamburg, Germany. Airbus intends to relocate Toulouse A320 final assembly activity to Hamburg, with A350 and A380 production going in the opposite direction as part of its Power8 organization plan begun under ex-CEO Christian Streiff. Airbus has its head office in Blagnac, near Toulouse. Airbus's France division has its main office in Toulouse.
Toulouse also hosts the headquarters of Airbus, ATR, or again Groupe Latécoère
According to Newsweek, Toulouse ranked as the fifth most dynamic city in the world in 2006.
And according to this same magazine, Toulouse can be considered today like Munich, Fukuoka and Las Vegas, as one of the most dynamic city in the world.
Read more about this topic: Toulouse
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)