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The Coming Aerospace Squeeze - A Review of Commercial Aerospace Programs in Brazil, Canada, China, Japan & Russia
Innovation Analysis Group (IAG), Oct 2009, Pages: 59
The aviation duopoly of Airbus and Boeing is about the change forever. This is particularly true among the 100-seater airliners.
The commercial aerospace programs under development in Brazil, Canada, China, Japan and Russia (BCCJR) will soon challenge the dominance of Boeing and Airbus for commercial aircraft between 100 and 210 seats. Because this sector is forecast to include 16,977 new aircraft valued at over $850 billion over the next 20 years, a shift in production from the US and EU to new competitors will have a significant impact on the United States, France, Germany, Spain and the UK.
Any business opportunity of such magnitude is always attractive in terms of employment, jobs, and is a target for politicians. Consequently, government support of aerospace is commonplace, as demonstrated by the WTO cases against Airbus and Boeing. As politicians in Brazil, Canada, Japan, Russia and China examined the market for commercial aircraft, they have all sought to extend their national participation through financial support. And while the WTO may strip Airbus and Boeing of certain funding mechanisms, they will find other ways to take their place.
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