Airbus is a European company that was founded in 1970. The company is headquartered in Toulouse, France, and has a number of production and assembly facilities across Europe, as well as in China and the United States. Over the years, Airbus has become known for its innovative designs and cutting-edge technology, and has become a major player in the commercial aviation market.
Boeing, on the other hand, is an American company that was founded in 1916. The company is headquartered in Chicago, Illinois, and has a number of production and assembly facilities across the United States. Like Airbus, Boeing is known for its innovative designs and advanced technology, and has played a major role in the development of commercial aviation.
In terms of products, both Airbus and Boeing offer a wide range of commercial airplanes, from small regional jets to large wide-body aircraft. Airbus is perhaps best known for its A320 family of single-aisle airplanes, which are widely used by airlines around the world. Also the Airbus A380 is one of the known Aribus airplanes. Boeing, on the other hand, is known for its popular 737 family of single-aisle airplanes, as well as its long-range 747 and 777 wide-body aircraft.
Currently, the commercial aviation market is dominated by Airbus and Boeing, with these two companies accounting for a large portion of the world’s airplane deliveries. In recent years, however, both companies have faced challenges from new competitors, such as China’s Comac and Russia’s United Aircraft Corporation. As a result, both Airbus and Boeing are constantly working to develop new and innovative products to stay ahead of the competition.
According to data from the International Air Transport Association (IATA), there are currently over 23,000 commercial airplanes in service around the world. These airplanes are operated by over 600 airlines, and carry over 4.5 billion passengers every year. In terms of revenue, the global commercial aviation market is estimated to be worth over $800 billion per year. Just this week United Airlines placed an ordre of minimum 200 airplanes at Boeing. So there is a huge market still.
United Airlines and Boeing are signing a deal of minimum 200 airplanes. Photo: United / PR
In addition to the commercial aviation market, there is also a significant market for military and private airplanes. According to data from the Federal Aviation Administration (FAA), there are currently over 300,000 private airplanes in the United States alone. The global military aviation market is also significant, with major players such as Boeing, Lockheed Martin, and Airbus supplying airplanes to governments and militaries around the world.
In conclusion, Airbus and Boeing are two of the world’s leading manufacturers of commercial airplanes. With their long histories, innovative designs, and advanced technology, these two companies have played a major role in the development of commercial aviation. While they currently dominate the market, they face challenges from new competitors, and are constantly working to develop new and innovative products to continue to stay ahead.
Henrik Olsen
