The
competition between
Airbus and
Boeing has been characterized as a
duopoly in the large
jet airliner market since the 1990s.
[1]
This resulted from a series of mergers within the global
aerospace industry, with
Airbusbeginning as a pan-European
consortium while the American
Boeing absorbed its former arch-rival,
McDonnell Douglas, in 1997. Other manufacturers, such as
Lockheed Martinand
Convair in the United States, and
British Aerospace (now
BAE Systems) and
Fokker in Europe, were no longer able to compete and effectively withdrew from this market.
In the 10 years from 2007 to 2016, Airbus received orders for 9,985 aircraft and delivered 5,644, while Boeing received orders for 8,978 aircraft and delivered 5,718. During their period of intense competition, both companies regularly accused each other of receiving unfair
state aid from their respective governments.
In 2019,
Airbus displaced Boeing as the largest aerospace company by revenue due to the
Boeing 737 MAX groundings, pulling in revenues of US$78.9 billion and US$76 billion, respectively. Boeing recorded $2 billion in operating losses, down from $12 billion profits the previous year, while Airbus profits dropped from $6 billion to $1.5 billion.
[2]
I'm a Boeing man I bet you are pro Airbus
Airbus HQ Netherland