Abstract
The demand for Air travel has increased tremendously over the past thirty years. From a human perspective, it has proven to be an ideal way to connect remote areas of the world, which would otherwise have more limited possibilities for economic development. For example, air transport helps sustain over 6 million direct tourism jobs around the world and enables the swift delivery of humanitarian aid, anywhere on earth. It is a powerful tool in an increasingly unified world, providing massive economic benefits. In the production of aircraft, there are two main competitors, Airbus and Boeing. In years of service, Airbus is the newer of the two manufactures, started in 1969, but has already taken the lead when it comes to market share. They have been the aerospace industry leader for many years. Boeing is the other manufacture with a large market share too. Boeing was the industry leader throughout the 1960s until the 1980s, but has lost a small piece of the market to Airbus. What Boeing lost in market shares, has made up in reputation, being in service since 1916. With the current economic situation, only one of these companies will be able to withstand the market and increase profits.
