Airbus and Boeing
Airbus and Boeing: A comparison
By Aben Johnson
Boeing and Airbus are the two largest manufacturers of large commercial airliners in the world. They have operated in this capacity since the early 1990’s. This is due to a series of consolidations in the European aerospace industry, As well as the acquisition of McDonnell Douglas by Boeing in 1997. Another factor that led to this duopoly was the withdrawal of smaller competitors such as Lockheed Martin and Covair. William Boeing founded Boeing in 1910. He began by converting a shipyard into an airplane factory. In addition to large aircraft, Boeing designs and manufactures missiles, satellites, launch vehicles, and advanced information systems for military and civilian use. James McNerney has been CEO and chairman of the board of Boeing since June 2005, before this he was CEO at 3M. Boeing is listed on the NYSE with 68% of the stock held in North America. Institutional investors hold 72% of Boeing stock.
Airbus was founded in 1970. Its headquarters are located in BLagnac, France. Airbus was the French, German, Spanish, and British governments back the consortium of a group of European based aerospace firms formed to compete against the U.S. Airbus. The Company was rebranded as Airbus group in 2014, which is made up of its Defense, Space, and Helicopter divisions. Airbus’ CEO is Thomas Enders. He has been CEO since May 2012 and served as division head of Airbus since 2007. While Airbus is a publically traded company, and institutional investors currently hold most of the common stock, it is important to note that European governments hold most of the companies voting rights.
Since 2004, Airbus and Boeing have received comparable orders for their aircraft. Airbus received 8,933 and has delivered 4,824 thus far. Boeing has received orders for 8,428 jets and has delivered 4,458. Due to the intense completion between the two firms, the two regularly exchange in accusations of unfair state aid from
By Aben Johnson
Boeing and Airbus are the two largest manufacturers of large commercial airliners in the world. They have operated in this capacity since the early 1990’s. This is due to a series of consolidations in the European aerospace industry, As well as the acquisition of McDonnell Douglas by Boeing in 1997. Another factor that led to this duopoly was the withdrawal of smaller competitors such as Lockheed Martin and Covair. William Boeing founded Boeing in 1910. He began by converting a shipyard into an airplane factory. In addition to large aircraft, Boeing designs and manufactures missiles, satellites, launch vehicles, and advanced information systems for military and civilian use. James McNerney has been CEO and chairman of the board of Boeing since June 2005, before this he was CEO at 3M. Boeing is listed on the NYSE with 68% of the stock held in North America. Institutional investors hold 72% of Boeing stock.
Airbus was founded in 1970. Its headquarters are located in BLagnac, France. Airbus was the French, German, Spanish, and British governments back the consortium of a group of European based aerospace firms formed to compete against the U.S. Airbus. The Company was rebranded as Airbus group in 2014, which is made up of its Defense, Space, and Helicopter divisions. Airbus’ CEO is Thomas Enders. He has been CEO since May 2012 and served as division head of Airbus since 2007. While Airbus is a publically traded company, and institutional investors currently hold most of the common stock, it is important to note that European governments hold most of the companies voting rights.
Since 2004, Airbus and Boeing have received comparable orders for their aircraft. Airbus received 8,933 and has delivered 4,824 thus far. Boeing has received orders for 8,428 jets and has delivered 4,458. Due to the intense completion between the two firms, the two regularly exchange in accusations of unfair state aid from