There are only two manufactures of large commercial jets, Boeing with 60% of the market and Airbus with 40%. There is no level playing field. Both companies are subsided by government, however the WTO ruled that Airbus gets significantly more subsidies from governments than Boeing.. With the combined capitalization of these two companies approaching a half trillion dollars and dependency of the airline industry on them, one has to wonder if they are too big to fail. The short answer is yes, at least for Boeing.Fun fact:
Boeing no longer has a monopoly on commercial airliner manufacturing. Now they must COMPETE on a level playing field with nations who can produce the jets for MUCH less. So to stay relevant, Boeing MUST reduce costs. Unions are absolutely without a doubt going to prevent that from happening. If nation "A" can make the same quality product as nation "B", but for only 2/3rds as much, guess who will get all the sales?
Last edited: