Boeing and Airbus Enjoy Boom in Orders/Major Aircraft Market in China, Business and Industry Trends Analysis

While the new jumbojets, like the A380 and the 787 get a lot of press and admiration, perhaps more important is the demand from global airlines of all types for smaller, single-aisle planes to replace older models that are not particularly fuel-efficient.  Boeing announced that it will build a new high-efficiency version of its exceptionally popular, single-aisle 737, called the 737 MAX.  In mid-2011, American Airlines committed to buying a large quantity of the 737 MAX aircraft, leading Boeing to decide to move ahead with an updated version of the 737 rather than go through the expense, delays and uncertainties…

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