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Boeing: How much trouble is the company in?
(www.bbc.co.uk)
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this post was submitted on 17 Mar 2024
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I really hope this allows a third and perhaps even a fourth company to enter the market
Be careful what you wish for. Some of the most likely contenders are Lockheed, Raytheon, and a few other military contractors that haven't broken into the civilian market yet.
Not really. The most likely contenders I could see now are Embraer and Comac (Chinese aircraft manufacturer). A few years ago Bombardier could have been a very likely contender, but not today.
I could see Lockheed and Raytheon entering the civilian market only if the demand on the military side starts drying up, which in this climate I find doubtful.
I remember reading the Chinese had stagnated investment into Comac because it was more cost effective for their airlines to buy Boeing planes instead. But after the two 737-MAX crash, the Chinese was restarting investment and R&D for a Boeing replacement, however because they were far behind due to lack of investments, they wouldn't have anything ready until 2026 the earliest. So I doubt they will be able to compete anytime soon.
I look forward to seeing it play out. More competition is always better than less competition.
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