What aircraft are middle of the market?

The middle of the market, often abbreviated MoM, is the airliner market between the narrowbody and the widebody aircraft, a market segmentation used by Boeing Commercial Airplanes since at least 2003. Both Airbus and Boeing produce aircraft that serve this segment.

Is Airbus making a new plane?

The coming Airbus A321XLR, a long-distance single-aisle model due in 2023, is already eating into orders of larger planes—and Boeing has no response. While it pours resources into getting the Max airborne again and services its $65 billion debt, Airbus is investing in designs that stand to redefine air travel.

Will there be a 797?

At the 2017 Paris Air Show, Boeing announced that the 797 would use composite materials for the entire air-frame and that the new aircraft would be launched in 2019. The design would be completed in 2020, fabrication in 2021-2023, certification in 2024 and the introduction in 2025.

Why are Airbus and Boeing still dominant in airplane manufacturing industry?

Two main factors are the reason who Airbus and Boeing’s dominance over the airplane manufacturing industry: money and history. With both of these factors on their side, Airbus and Boeing can easily maintain their positions as the top companies.

What is the history of Airbus airplanes?

Airbus was developed in Europe as a response to the rapid growth of Boeing. Germany, France, and the UK came together in 1967 to produce an aircraft that promoted technology and symbolized economic growth. The original design of their first public airplane was positively received by the public.

How did Airbus and Boeing’s growth perform in 2018?

After having historical success, Airbus and Boeing both maintain year over year growths. Airbus delivered 800 planes globally in 2018, representing an 11\% growth from the year before. Boeing set a record with 806 planes delivered in 2018, a 5.6\% growth from 2017.

Why is Airbus building an A220 production facility in Mobile?

Last year, the White House announced that it it would be increasing tariffs on aircraft imported from the EU from 10 percent to 15 percent. Therefore, there has been even greater incentive to keep production local. Subsequently, Airbus recently announced the opening of an A220 production facility in Mobile.