Airbus and Boeing are two of the best-known aircraft manufacturers and designers in the world. They are both world leaders in their respective fields, and as a result, the rivalry between Airbus and Boeing, which began with the merger of McDonnell Douglas and Boeing barely two decades ago, has become deeply embedded in popular culture. The Boeing/Airbus rivalry is heating up as Airbus wins more narrowbody orders, due to its year's head start on Boeing in producing its re-engineered narrowbody, the A320 neo, and increasing narrowbody production rates faster.
Meanwhile, the aircraft market has come to favor buyers over sellers, with oil prices down and the number of new orders decelerating, forcing both Airbus and Boeing to accept lower profitability to protect market share. Bombardier will likely launch a larger variant with 160 to 180 seats, increasing the capacity of the upcoming CS 300 aircraft from 130 to 160 seats. Such a glider would be much more directly in the middle of the Boeing/Airbus fairway for a narrow-body aircraft, which would be a much bigger problem for their duopoly positioning. The ensuing price environment will become even hotter. Experience has accused them of not considering passenger safety when designing aircraft just to cut costs.
Also, China's main competitor appears to be preparing to take to the skies with its airliner built by aerospace company COMAC.
Now is the time for other wealthy aircraft manufacturers to break this monopoly. Because this market will be the largest in the world in the next 10 years.
Airbus CEO Guillaume Faury said:
Is that so?
We'll see.
Thank you.
Very well explained and narrative form gives it a better outlook to understand
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