The main difference between Airbus and Boeing, the two largest producers of commercial airliners in the world, is that Boeing is a leader in larger, wide-body jets, whereas Airbus has greater sales in the smaller, narrow-body market. Competition is stiff, with Airbus booking 1,503 orders in 2013 versus 1,355 for Boeing, though Airbus pulled $13 billion less in revenue than Boeing in 2013.Continue Reading
Airbus is an airliner manufacturer based in France, with facilities throughout Germany, Spain and the United Kingdom. Airbus began as a consortium of manufacturers, but eventual consolidation allowed it to become one of the largest players in the industry. The company produces the world’s largest passenger jet, the A380, which challenged Boeing’s monopoly in the large-aircraft market upon its release in 2007. Airbus has a new, efficient airliner in the works dubbed the A350. This long-range, wide-body jet features a carbon-fiber design and is slated to compete directly with Boeing’s new energy-efficient offering, the 787.
Boeing is an American airliner corporation based in Chicago. In a strategy similar to that of Airbus, Boeing absorbed its largest rival, McDonnell Douglas, in 1977. Boeing’s newest entry into the market is the 787 Dreamliner, a revolutionary jetliner manufactured with up to 50 percent composition materials and designed to increase fuel efficiency and reduce environmental impact. The aircraft has suffered several problems since the first model rolled off the line in 2007, most notably with the lithium-ion battery pack. These issues were resolved in 2013 and Boeing expects the 787 to be incredibly successful due to new demand for super efficient airliners, a result of rising global fuel prices.Learn more about Corporations
Boeing, Airbus and Lockheed Martin are examples of high-profile aerospace companies. Other examples include Northrop Grumman, Raytheon and Rolls Royce. Aerospace manufacturing is very diverse and produces a range of high-technology products including commercial aircraft, guided missiles and space vehicles.Full Answer >
Boeing, Airbus, Lockheed Martin and United Technologies are some of the top aerospace companies. Because the term “aerospace” includes a variety of activities and technologies including passenger aircraft and military defense technology, each of these companies has a slightly different focus.Full Answer >
Boeing has been publicly traded since 1978. As of 2015, Boeing is in a financial upswing and currently enjoys a spot among the top 30 biggest U.S. companies, in terms of revenue.Full Answer >
Some highlights of Boeing's mission statement are innovation, quality, safety, global strength, diversity and integrity. Boeing is committed to being a global leader in the aerospace industry and places an emphasis on being customer-oriented and continually advancing technical excellence.Full Answer >