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

During 2016, Airbus delivered a record 688 aircraft, while Boeing delivered 748.  However, in 2016-17, both companies were facing slowing orders for new aircraft.  Softening global economies and political unrest in a number of countries around the world were the cause. 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, to…

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