The market for commercial aviation would be characterized as an oligopoly, dominated by just two titans: Boeing from the United States and Airbus from Europe.
Given the distorted market of plane construction, I wonder if both the US and EU should subsidize a new competititor - at least maybe make a plane builder of a different model of plane (smaller than an A320/B737) that would be completely independent of any of the big players.
Once Boeing merged with McDonnell Douglas, it all but guaranteed a single producer in the US. I can't imagine the amount of capital it would take to be a serious competitor in this space.
Given the distorted market of plane construction, I wonder if both the US and EU should subsidize a new competititor - at least maybe make a plane builder of a different model of plane (smaller than an A320/B737) that would be completely independent of any of the big players.
Once Boeing merged with McDonnell Douglas, it all but guaranteed a single producer in the US. I can't imagine the amount of capital it would take to be a serious competitor in this space.