Story 1: LARGER BIRD MARKET
The largest airplane market has seen some dramatic shifts over the last 40+ years with the iconic 4 jet engine Boeing 747 dominating this blank space. Towards the mid 1990s, a tiny bit smaller but still very large Boeing sibling started to take orders away from the Jumbo Jet: the twin engine Boeing 777 picked up orders and is very popular with many airlines today. Airbus' idea to launch the biggest commercial airplane became reality with its first order being recorded in 2007 for its gigantic A380. Though orders started to come in steadily, the quad engine jet has been experiencing shrinking orders in the last few years similar to the the B747. Boeing has basically sun setted the Jumbo for passenger versions (cargo remains). Two new kids on the block, though smaller in size but with very wide flight range, have come onto the market. Boeing's Dreamliner (B787) has picked up orders drastically since its inception earlier this decade. Also Airbus' A350, its response to the Dreamliner, is gaining strength at the expense of the 777. Summa Summarum, quad engine jets struggle, whereas twin engine air frames are the big winners with extended flight range and much improved comforts on board.
Story 2: NECK AND NECK RACE
Airbus 320 and Boeing 737 orders have seen a very close neck and neck race since 1988. Airbus has actually been able to take over after 2001 when it comes to orders. Interestingly enough, the smaller size airplane market did not really see a caving in the 2008/2009 recession. In other words, smaller air frame orders stay to certain degree more resilient to the economic downturns. The 1992 recession and 2001 downturn/911 tragedy exercised some downward pressure on orders in this segmentation
The largest airplane market has seen some dramatic shifts over the last 40+ years with the iconic 4 jet engine Boeing 747 dominating this blank space. Towards the mid 1990s, a tiny bit smaller but still very large Boeing sibling started to take orders away from the Jumbo Jet: the twin engine Boeing 777 picked up orders and is very popular with many airlines today. Airbus' idea to launch the biggest commercial airplane became reality with its first order being recorded in 2007 for its gigantic A380. Though orders started to come in steadily, the quad engine jet has been experiencing shrinking orders in the last few years similar to the the B747. Boeing has basically sun setted the Jumbo for passenger versions (cargo remains). Two new kids on the block, though smaller in size but with very wide flight range, have come onto the market. Boeing's Dreamliner (B787) has picked up orders drastically since its inception earlier this decade. Also Airbus' A350, its response to the Dreamliner, is gaining strength at the expense of the 777. Summa Summarum, quad engine jets struggle, whereas twin engine air frames are the big winners with extended flight range and much improved comforts on board.
Story 2: NECK AND NECK RACE
Airbus 320 and Boeing 737 orders have seen a very close neck and neck race since 1988. Airbus has actually been able to take over after 2001 when it comes to orders. Interestingly enough, the smaller size airplane market did not really see a caving in the 2008/2009 recession. In other words, smaller air frame orders stay to certain degree more resilient to the economic downturns. The 1992 recession and 2001 downturn/911 tragedy exercised some downward pressure on orders in this segmentation
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