> Without competition, decisions are all made by a select elite (and not the market). I'm not disputing that this is true, but in this context the statement is

> Without competition, decisions are all made by a select elite (and not the market). I'm not disputing that this is true, but in this context the statement is a little weird. The article mentions multiple times that Boing or Airbus misjudged where the market - their airline customers - would go, and took huge losses because of it. If it was up to a select elite, today, the A380 would allow for massively increased passenger numbers flying out of the big hub airports. Instead, the plane is dead, and Airbus begrudgingly builds what the market wants instead.