Boeing’s troubles mean Airbus should be soaring—here’s why it isn’t
Airbus order numbers have barely changed throughout Boeing's crisis
Click Like to Follow Fliegerfaust Facebook page to get the News ASAP / Share to share this post now.
February 4, 2020 - by Natasha Frost for qz.com
Next month will mark one year since the second fatal Boeing 737 Max 8 crash—the tragedy that sparked an annus horribilis for the US plane manufacturer. In the less than 12 months since, it has lost orders, its CEO, and investor and consumer confidence alike.
For its arch-rival, Airbus, this spell of misfortune should have been a golden opportunity. With Boeing careening from one crisis to the next, now is the ideal time for the company based in Toulouse, France, to soar.
The two manufacturers dominate the sector, together commanding 99% percent of the large plane market.
While its 2019 orders far outstripped Boeing's, sales were still down from a year earlier. A combination of slowing economic growth, rising trade tensions, and self-inflicted problems that have prevented Airbus from capitalizing on its spot at the top.
Airbus order numbers have barely changed throughout Boeing's crisis...
- Video: The reasons Airbus hasn't killed Boeing... Yet! - FliegerFaust ›
- Southwest eyes Airbus A220 amid Boeing 737 MAX aftermath ... ›
- How China Could Challenge the Boeing-Airbus Duopoly ... ›