The Aviation Industry: Comparative Analysis of Boeing and Airbus with the Chinese Aircraft Manufacturer Comac
3967 Words16 Pages
RUNNING HEAD: Aviation Industry
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Date (of Submission) Contents Introduction 3 Scope of Research 4 History of Boeing 4 History of Airbus 5 History of COMAC 7 Aviation Market Backgrounder 7 Contrasting Boeing and Airbus 8 SWOT Boeing 9 SWOT Airbus 10 SWOT COMAC 11 Competitive analysis 12 Market Analysis 14 Outlook for COMAC 15 Conclusion 17 References 18
The Chinese are an emerging economy that has taken over the world's production in recent years. In fact China is now considered to be the world's factory, as all the major players in the world outsource all or some of their manufacturing activities to the country. All this would not have been possible without the help of technology and with the state of globalization being such, that logistics and distances are becoming shorter and shorter.
The aviation industry has been different however, as to date; it has mainly been dominated by two main Western players Boeing and Airbus. Now that China has also entered the Aviation industry, it will not be fool hardy to say that the Aviation industry is bound to undergo another transformation.
The main barrier to entry in the aircraft manufacturing market is the sheer size of the industry and the amount of capital investment required to make the aircraft. Moreover, the concerns of the aviation industry are not similar