Can China Break Airbus & Boeing's Aviation Duopoly with The Comac C919 !
Channel: GeoStar TV
Date: 06/03/2020

Can China Break Airbus vs . Boeing's Aviation Duopoly with The Comac C919 ?!
China's first big passenger jet .Boeing’s poor handling of the MAX disaster could prove to be more damaging than even they realize. The Chinese are poised to break into aviation in a big way, and with Boeing’s reputation in tatters, this could be the opportunity they’ve been waiting for.
Welcome to The Atlantis Report , today we analyse the new business battle for the skies between the US Europe and China , namely the aviation industry . And can China Break Airbus And Boeing’s Aviation Duopoly .
For decades, there have only been really two choices when it comes to commercial aircraft. Boeing and Airbus have a powerful duopoly over the industry, supplying aircraft worldwide at the fastest pace they can.

The two manufacturers are often neck and neck when it comes to sales and production. Some years Boeing wins out, others it’s Airbus. But recent events could soon change all that, as Boeing faces up to the prospect of losing the love for its bestselling aircraft.

But China will become to the world's largest aviation market in the next three to six years .to, from, or through China, more than half a billion passengers fly each year.
By 2035, that number is expected to be 1.3 billion.
It is one of the fastest growing aviation markets in the world, is home to what is believed
to be the future busiest airport in the world, and is expected to soon surpass the US to
become the single largest aviation market in the world.
Last year, a new aircraft was delivered to a Chinese airline every 21 hours.
That’s $35 billion worth of aircraft purchased in a single year.
All of this, however, represents a considerable problem for the world’s largest aircraft
manufacturer—Boeing.
You see, the reason China is a problem for Boeing is also part of the reason why China
is already such an enormous market for them.
While the US is resoundingly Boeing’s number one customer, at least partially propped up
by government defense contracts, China safely holds the number two spot.
Excluding North America, China, in fact, singlehandedly earns Boeing more money than every continent
in the world.
Now, not only is China a fierce battle-ground between Boeing and Airbus, even if Boeing
has a slight overall edge in market share, but the company now also faces a trifecta
of issues potentially hindering its future dominance in this ultimately crucial aviation
market.
The first of these issues has to do with Boeing brand new yet beleaguered airplane—the 737
MAX.
Prior to the MAX’s grounding, China was, by a wide margin, the largest operator of
this airplane.
Its airlines had a total of 97 MAX’s while US’ airlines, representing the second largest
customer group, only had a total of 72.
This is an aircraft particularly well-suited to China’s geography.
With a number of smaller, secondary or tertiary cities, China’s airlines are increasingly
focused on developing non-stop flights bypassing the major hubs of Beijing, Shanghai, and Guangzhou,

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