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Free market, it will open up a lot of opportunities for new companies
by interactivecode 2y ago
Free market, it will open up a lot of opportunities for new companies
- chasil 2y agoIt is incredibly expensive to develop large airliners. As I understand it, the only peer companies that do so are Airbus, COMAC, and Embraer (Edit: Bombardier ended with the A220). Which one of these should replace Boeing?
- loeg 2y agoThere is also Bombardier. But none except Airbus makes planes in the same class as Boeing.
- bobthepanda 2y agoAirbus purchased the Bombardier program
- loeg 2y agoAh, thanks.
- blackeyeblitzar 2y agoCOMAC will succeed. Embraer is sort of boxed in and made the bad decision under Lula of making a deal with China that includes local manufacturing and technology transfers. They’re segmenting the market between them. Bombardier got killed by Boeing’s games with them and yes the remnants are the A220.
- chasil 2y agoCOMAC just had its first order from the Americas: https://www.reuters.com/business/aerospace-defense/brazilian-airline-seeks-buy-planes-chinas-comac-2024-09-26/ https://www.reuters.com/business/aerospace-defense/brazilian... Four planes.
- Dalewyn 2y agoAirbus of the ones listed. However, Northrop Grumman could also buy out Boeing's large aircraft bits and (re)enter the commercial airliner market. I doubt Lockheed Martin would be interested, they're into smaller aircraft these days.
- blackeyeblitzar 2y agoThere is no free market for something like this. You need so much capital and there are better places to invest. Venture won’t do it. Government would have to and they simply have no understanding or appetite for funding startups for such spaces. Yes we could do so much better than Boeing but it’s more likely the government will repeatedly bail them out than do something about this.
- interactivecode 2y agoSo perhaps the free market doesn’t really exist. Only various sized barriers to entry