For Boeing [BA 66.92 2.09 (+3.22%) ] and Airbus, the world’s two largest commercial aircraft manufacturers, this year has been truly remarkable, although it's fair to say that the same can be said for most of the world’s other players too.
On one hand the idea of another record year hardly makes sense, and yet on the other, air travel remains an industry that's still expanding. The airline industry is also hugely competitive, meaning that unless underlying revenue is growing, an airline has little choice but to further reduce cost and capacity.
On one hand the idea of another record year hardly makes sense, and yet on the other, air travel remains an industry that's still expanding. The airline industry is also hugely competitive, meaning that unless underlying revenue is growing, an airline has little choice but to further reduce cost and capacity.
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