Boeing and Airbus: A Duopoly Market

The aerospace industry is a driving force of technology and innovation. At the top of this industry, at least in the field of airplane manufacturers, are Boeing and Airbus, headquartered in the US and the UK respectively. These two companies create a duopoly model, each competing with the other fiercely to manufacture planes that carry passengers all around the world. For decades, these rivals have stayed neck in neck with each other, manufacturing very similar airplanes, both trying to stay on the cutting edge of fuel efficiency and passenger safety. In general, Boeing supplies most of the United States’ airlines Continue reading Boeing and Airbus: A Duopoly Market