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Business
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Number of pages / Number of words: |
8 / 2163 |
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Due to the large costs of research and development and Boeing's dominance of the market share, Airbus contends that they would not even be able to stay in the market without government intervention. European governments are willing to fund Airbus because they see aerospace production as highly lucrative industry in which American companies almost have a monopoly over...
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Even with Airbus's extensive effort to gain market share, they are still significantly behind Boeing. However, Airbus is planning the introduction of two new planes ? the A-330 and A-340 ? which would be the first real competitor to Boeing's 747. The challenges that Boeing now faces are to maintain its current market share while having increased competition and to do so while still maintaining profitability...
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General points of the essay
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