Competition between Airbus and Boeing

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The competition between Airbus and Boeing has been characterized as a duopoly in the large jet airliner market since the 1990s. The duopoly resulted from a series of mergers within the global aerospace industry, with Airbus beginning as a pan-European consortium while the American Boeing absorbed its former arch-rival, McDonnell Douglas, in 1997. Other manufacturers, such as Lockheed Martin and Convair in the United States, and Fokker in Europe, were no longer able to compete and effectively withdrew from this market. British Aerospace (now BAE Systems) joined the consortium in 1979. In the ten years from 2015 to 2024, Airbus received orders for 8,950 aircraft and delivered 7,043, while Boeing received net orders for 5,012 aircraft and delivered 5,312. 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. In October...

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