Bauhaus Luftfahrt was created in November 2005 by the three aerospace companies EADS, Liebherr-Aerospace and MTU Aero Engines as well as the Bavarian Ministry for Economic Affairs. In January 2012, IABG-Industrieanlagen-Betriebsgesellschaft became the latest member of the institution. The non-profit association is an internationally-oriented think tank. The team of around 35 scientists deals with the future of mobility in general and with the future of air travel in particular. The goal of the research work is to consider the complex system of aviation from different points of view. In every project, the technical, economic, social and ecological aspects are considered holistically.