Boeing and Airbus are the two largest aerospace manufacturers in the world. Boeing was founded in 1916 and is headquartered in Chicago, while Airbus originated from an EU consortium formed in 1970 and is headquartered in Leiden, Netherlands. Both companies design, manufacture, and sell airplanes and related services globally. In recent years, Airbus has gained market share over Boeing, holding over 60% of net orders in 2019 compared to Boeing's production issues with the 737 MAX. The competition between the two has led to innovation and growth in the commercial aviation industry.
3. ■ The boeing company is an american multinational corporation that designs, manufactures, and sells airplanes, rotorcraft,
rockets, satellites, telecommunications equipment, and missiles worldwide.
■ The boeing company was started in 1916, when american lumber industrialist william e. Boeing founded aero products
company in seattle, washington.
■ In 1917, the organization was renamed boeing airplane company, with william boeing forming boeing airplane & transport
corporation in 1928.
■ Boeing is among the largest global aerospace manufacturers; it is the second-largest defence contractor in the world based
on 2018 revenue, and is the largest exporter in the united states by dollar value.
■ Boeing is organized into five primary divisions: boeing commercial airplanes (bca); boeing defense, space & security (bds);
engineering, operations & technology; boeing capital; and boeing shared services group.
■ In 2017, boeing recorded us$93.3 billion in sales, ranked 24th on the fortune magazine
■ In 2019, boeing's global reputation, commercial business, and financial rating suffered after the 737 MAX was grounded
worldwide following two fatal crashes in late 2018 and early 2019.
■ Aviation regulators and airlines around the world grounded all 737 max airliners. A total of 387 aircraft were grounded
4. Growth Of Company:
■ Boeing has unveiled its 2019 Commercial Market Outlook (CMO), which forecasts
massive growth over 20 years requiring 44,000 new jets.
■ The newest CMO shows growing passenger volumes and increasing airplane
retirements will drive the need for 44,040 new jets, valued at $6.8 trillion over the next
two decades and up 3 per cent from a year ago.
■ the global commercial fleet is expected to reach 50,660 airplanes by 2038.
5. Demand & Profit
■ Overall, Boeing expects the support and services 10-year served market to be worth
$3.1 trillion between 2019 and 2028, growing at an average annual rate of 3.5 percent.
■ Boeing revenue for the quarter ending March 31, 2020 was $16.908B, a 26.22% decline
year-over-year.
■ Boeing revenue for the twelve months ending March 31, 2020 was $70.550B, a 29.91%
decline year-over-year.
■ Boeing annual revenue for 2019 was $76.559B, a 24.29% decline from 2018.
6. Best Airplanes of Boeing
■ B-777 & B-777X
■ B-747 (MightyQueen)
■ B-787 (Dreamliner)
■ B-737 (Jetliner)
■ B-307 (Stratoliner)
7. Airlines using Boeing Aircraft:
■ Air New Zeeland
■ Air India
■ Pia
■ American Airlines
■ SouthwestAirlines
■ Lion Air
■ Lufthansa
■ Klm
■ Eva Air
■ Ethopian Airlines
8. ■ It is a European multinational aerospace corporation.
■ The current company is the product of consolidation in the European aerospace industry tracing back to the formation of
theAirbus IndustriesGIE consortium in 1970.
■ In 2000, the European Aeronautic Defence and Space Company (EADS) NV was established.
■ As of 2019, Airbus is the world's largest airliner manufacturer and took the most airliner orders.
■ Airbus is registered in the Netherlands; its shares are traded in France, Germany and Spain. It designs, manufactures and
sells civil and military aerospace products worldwide and manufactures aircraft in the European Union and various other
countries.
■ The company has three divisions, Commercial Aircrafts, Defence and Space, and Helicopters, the third being the largest in
its industry in terms of revenues and turbine helicopter deliveries.
■ The company's main civil aeroplane business is based in Blagnanc France, a suburb ofToulouse, with production and
manufacturing facilities mostly in the European Union, Final assembly production is based inToulouse.
■ By October 2016, the global Airbus fleet have performed more than 110 million flights, totalling over 215 billion kilometres
and carrying 12 billion passengers.
9. Growth:
■ Airbus ended the year 2019 on a high, with the European commercial airplane
manufacturer delivering 863 airplanes for the year .
■ Airbus has done extremely well over recent years to ramp up production for its popular
A320 family of jets, company today have a combined share of 91% in the commercial
aircraft market globally.
■ Growth in airplane deliveries has been higher for Airbus than for Boeing on account of
Airbus A320 family
■ Boeing delivered a total of 345 commercial aircraft in 2019 – down from 806 in 2018.
On the other hand,Airbus’ aircraft deliveries has swelled from 629 in 2014 to 863 in
2019.
10. Demand:
■ Airbus is forecasting demand for 39,210 new passenger and freighter aircraft over the
next 20 years, up from the previous outlook figure of 37,400.
■ This overall demand will include over 29,700 small types – such as the A220 andA320 –
plus nearly 5,400 medium models and 4,120 large aircraft.
■ Similarly the A330neo could edge into the “large” category, depending on specific
airline operations, alongside the A350.
■ Combined with 8,470 aircraft which will be retained from the current fleet, the new
aircraft delivered over the next two decades will take the overall world fleet to 47,680.
11. Profit
■ Airbus Group revenue for the quarter ending December 31, 2019 was $27.078B, a
0.17% decline year-over-year.
■ Airbus Group revenue for the twelve months ending December 31, 2019 was $78.935B,
a 4.91% increase year-over-year.
■ Airbus Group annual revenue for 2019 was $78.935B, a 4.91% increase from 2018.
■ Airbus Group annual revenue for 2018 was $75.238B, a 0.3% decline from 2017.
■ Airbus Group annual revenue for 2017 was $75.467B, a 2.43% increase from 2016.
12. Best Airplanes of Airbus:
■ A-320 Family (The best aircraft ever built)
■ A-330 (rival of 777)
■ A-340
■ A-350 (The best airliner)
■ A-380 (The KING)
13. Airlines using Airbus Aircraft:
■ The top 10 airlines of the world uses most of airbus aircrafts.
■ Singapore Airlines
■ Emirates.
■ Qantas.
■ Air France.
■ Lufthansa.
■ Korean Air.
■ China Southern Airlines.
■ Malaysia Airlines.
■ Thai Airways International
■ British Airways
■ Asiana Airlines
■ Qatar Airways
■ Etehad Airways
■ Hi Fly
■ All Nippon Airways
14. Over all market share
■ Airbus has been able to take market share away from Boeing over the last 5 years, and
had an order book 56% larger than Boeing’s at the end of September 2019.
■ Airbus has improved its market share from 41.1% in 2014 to 45.3% in 2018.
■ It is estimated Airbus’ market share to have spiked to almost 62.5% in 2019 due to the
sizable reduction in deliveries for Boeing.
17. Competition between boeing and
Airbus
■ The Competition between Boeing andAirbus has been characterized as 'Doupoly' in
the large jet airliner market.
■ Boeing andAirbus, together, have always dominated the air-craft manufacturing
industry. Boeing held considerably more market power until 2003, when, through
financial support from European governments and loan forgiveness,Airbus overtook
Boeing as the leading airline manufacturer in the world.
