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competition for Boeing, other than Airbus

Thursday 19 July, 2007

Chicago-based Boeing Co. and France-based Airbus SAS have enjoyed the spoils from their duopoly in a record-breaking market. But now other countries want in.

Scott Carson, president and CEO of Boeing Commercial Airplanes, called this dynamic market “the new reality” in a market overview Monday. “Boeing has to adapt to that reality.”

That new reality, for Boeing, soon could mean facing tough competition from other players beyond Airbus. Russia and China are keen to establish themselves as aerospace powers.

Indeed, Boeing has hired more than 1,000 engineers in Russia, one of the countries with aerospace aspirations, and is helping a Russian manufacturer develop a regional jet.-Chicago Tribune 20 June, 2007
mm comment: historically, aerospace has been a tough industry, both domestically as well as internationally. In the past, Boeing dealt with McDonnell Douglas. Although now firmly entrenched because of government support, Airbus is a relatively new entrant. China hasn’t been a world-wide competitor as far as I know. I don’t think Aeroflot ever manufactured any world-class airplanes. Russian & Chinese space exploration haven’t exceeded our efforts. Airbus grew to compete with Boeing in a relatively short period of time. It will take awhile, but eventually the ex-communists could compete. 1 way to preclude that is to hire away their best engineers.

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