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Because for the airlines, their ONLY other option is to put themselves on the end of a very long waiting list with Airbus. Yes, Embraer, Sukhoi, Bombardier, an
by missedthecue 3y ago
Because for the airlines, their ONLY other option is to put themselves on the end of a very long waiting list with Airbus.
Yes, Embraer, Sukhoi, Bombardier, and Mitsubishi have/had limited offerings but only in very select configurations. None sell an A321/737 equivalent.
So, the airlines bet that Boeing is not going to keep selling deadly airplanes, and will fix the Max, and they can keep their place in line.
It's a problem that the airline manufacturing industry is a duopoly but interestingly, it doesn't seem like the market can support more than a small number of players. Despite the fact that the airline industry has exploded and demand for new airplanes has grown with it, certain econonomies of manufacturing have meant that a lot of mergers and bankruptcies and consolidation happened.