Boeing reported revenues of approximately

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$77.8 billion in 2023 compared to $66.8 billion in 2022. Its competitive advantages lie in solid brand recognition, extensive manufacturing capability, and a wide range of products, including the 737, 747, 767, and 777 series, as well as defense systems and services. The company also has a robust supply chain network and established relationships with airlines and governments worldwide. Competition Boeing’s primary competitor is Airbus, but it faces competition from companies like Bombardier and Embraer in the regional aircraft segment.


The recent push for sustainable aviation technologies has seen buy belgium whatsapp number database Boeing invest in future concepts, such as the development of hydrogen-powered aircraft and next-generation materials. Airbus Activity Area: Commercial airplanes, helicopters, space technology Foundation: 1970 Headquarters: Toulouse, France No. of Employees: 147,893 Market Cap: €110.81 billion ($120.5 billion) Airbus was established in 1970 as a consortium among European aerospace corporations to create a competitive alternative to then-dominant American aircraft manufacturers.


The company launched its first aircraft, the A300, the world’s first twin-engined widebody airliner. Over the decades, Airbus has grown rapidly, expanding its product lineup and establishing a global footprint in the aerospace industry. By late 2023, Airbus had seized roughly 60% of the commercial aircraft market. The company has benefited from the recovery of demand for air travel following the pandemic and, unfortunately, Boeing’s misfortune in recent times.