Pros
If you are starting your career as an engineer or in a function like communications or sales, Airbus is the place to go to in the Aerospace and Defence industry. The know how is excellent and there is a lot of work to do. However, this is only true for entry and early career level. Always good to have the Airbus brand in your CV. The award winning Leadership Academy is really cool to be part of.
Cons
If you are advanced or senior in your career you will find a minefield of backdrops - here are a few to consider: the culture is very discriminating unless you are French in FRA or German in GER. Politics is core: the French networks (eg "Poly") rule and as a foreigner you have little chance to get invited to them - which literally puts a hard stop on your career & progress in your work wherever you are. If you consider a job outside France or Germany be warned: despite the luring promises of HR - there is no career advancement for you abroad - period! Must principle: Knowledge & Expertise counts nothing! Networks and saving your boss's job is everything. Must not: Believe Airbus will accelerate your career - in fact it will slow it down, as Airbus is 10-20 years behind modern leadership, technologies, workplace environment, tools, IT, HR, etc. For advanced career it is NOT an advantage to have Airbus in your CV any longer, as (well informed) recruiters know that you literally lost your cutting edge in the years you spent surviving in an old fashioned industrial dinosaur - take cutting edge engineering or marketing as an example.