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BOEING VS AIRBUS- THE RIVALRY WHICH CHANGED AIR TRAVEL
The global commercial aircraft market is dominated by two manufacturers: European conglomerate Airbus and Seattle-based aerospace giant Boeing. The competition began when Airbus was founded to consolidate the fragmented European aerospace sector in 1969. Both have been slowly growing their market share ever since, eventually leaving the two as the only major commercial aircraft manufacturers.
As the worldwide travel market expanded from just over 400,000 travelers in 1973 to 5.56 billion in 2019, Airbus and Boeing fought to gain market share in the booming industry, competing at every level over who would get the largest slice of the rapidly-growing pie.
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