Why are Boeing and Airbus the only commercial passenger jet manufacturers?
In: Economics
Honestly, it’s just really, really expensive to develop and build aircraft. It cost Boeing $5.5 billion to develop the 787 — not a lot of companies will have $5.5 billon around develop, nor could they raise it without a clear plan of how they would make it back.
If you’re an airline, would you want to purchase an aircraft from a company that has no track record of development?
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