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Air Plane Industry
Title: Air Plane Industry
Category: Literature / English
Details: Words: 370 | Pages: 1.6 (approximately 235 words/page)
Air Plane Industry
The airplane industry is a large profit making industry world wide, even with the drop in sales due to the attack of September 11th. A recent article by Dow Jones & Company INC. dated October 14, 2002 discusses the current condition of the market. This oligopoly has two main producers, Boeing and Airbus. Boeing’s sales have declined since last year from 527 aircrafts to 380. (1) This drop in demand has not just affected Boeing but has lowered profit for …showed first 75 words of 370 total…
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…showed last 75 words of 370 total…other. This is already evident with airbus, which is cutting price on their product. They have taken 0,000 of their price. (1)
The fear of flying in the United States is strong with the current threat of terrorism and war. These feelings of the people will fade; more people will gradually start flying again. This short run market slump will bounce back in the future. Hew is on top may be the only factor at the end.
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