Civil Aircraft Manufacturers
- Before W W-II there were more than 12 manufacturers
- In 1996, only 3 i.e. Boeing, Airbus, McDonnel Douglas
- Now only two i.e. Boeing & Airbus
- Approx. market Share : Boeing ~ 70%, Airbus ~ 30%
Why so few manufacturers remain ?
- Higher cost of developing new a/c
- Uncertainty of the market place
- Net worth of company at stake for every new project !
Unfair competition ?
- Boeing
- Large military contracts from US govt. to offset R & D expenses
- Airbus
- Heavy subsidies from Govt.
- Can offer concessionary financial terms