Why are Boeing and Airbus the only commercial passenger jet manufacturers?
In: Economics
Deregulation.
30 years ago there were 7-8 aircraft manufacturers serving 20 or so US airlines.
Everyone was allowed to buy everyone else up, now there are 2 manufacturers and 5 airlines. And the airlines are not done merging. There are merger rumours all the time. If we don’t stop them they will end up a duopoly as well.
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