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Why Airbus And Boeing Dominate The Sky
Posted
January 30, 2019
Views
1,653,959
Likes
15,230
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1,359
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January 30, 2019
1,653,959
15,230
1,359
1.00%
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Airbus and Boeing dominate an already under competitive airline manufacturing industry. The duopoly owns the sky by making up 99% of global large aircraft orders and those large plane orders make up more than 90% of the total plane market according to the Teal Group, an aerospace market analysis company (regional jet manufacturers only account for 7% of the airplane market by value).
The duopoly doesn’t have many competitors, but overseas competition is brewing. China’s state-run company, COMAC, is poised to make waves in the aviation manufacturing industry, but some say not for a couple decades.
This is how Airbus and Boeing took over airplane manufacturing.
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Why Airbus And Boeing Dominate The Sky
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