I wouldn't say so confidently that Airbus is better than Boeing. Its just better than Boeing at THIS moment. They've been trading places over the decades. A company selling commercial airliners is really only as good as the order book for its latest aircraft. And a single stumble in developing a model can sink your orderbook for an entire decade or more.
Ultimately both Boeing and Airbus are moribund bureaucracies that survive only with the dual intravenous injections of state subsidies and duopoly.
Making commercial aircraft is a capital intensive process, but its ripe for disruption. With China on the rise we may get a third competitor on the scene with completely different cost structure.
There's also disruption coming from down below. New tools (including AI and more sophisticated manufacturing automation) are making it possible to enter the market with shorter timelines. If regulators can get off their asses, we might actually see the duopoly disrupted by new national and subnational champions. More will be better than two.
Ultimately both Boeing and Airbus are moribund bureaucracies that survive only with the dual intravenous injections of state subsidies and duopoly.
Making commercial aircraft is a capital intensive process, but its ripe for disruption. With China on the rise we may get a third competitor on the scene with completely different cost structure.
There's also disruption coming from down below. New tools (including AI and more sophisticated manufacturing automation) are making it possible to enter the market with shorter timelines. If regulators can get off their asses, we might actually see the duopoly disrupted by new national and subnational champions. More will be better than two.