Economic analysis of the airplane industry

The universal market of Commercial Aircraft is of the most major markets in all around the world and there are a lot of papers which are discussing about this subject because of importance of it. This thesis structured around the commercial airplanes which is one of the most important segments in the aerospace industry. This thesis documents in three chapters which includes the introduction which is about the history of emerging airplanes and commercial airplanes and the technology change and the innovation in this industry and then the factors of competition and the market of commercial aircraft and also it shows the application of Michael porter's 5-Force model. Then in the second chapter, it describes the major players in the industry in all over the world which is describing in two parts, major players in the industry and the new entrants in the industry. After all in the third and the last chapter as both Airbus and Boeing have functional product differentiation when it comes to their air-crafts. The Airbus and the Boeing are examples of two companies offering different products based on their vision for the future,and each aircraft is worth billions of dollars. Therefore this report it shows every detail about the existing duopoly between Boeing and Airbus who are dominating the market and at the end we can see the Future outlook of global commercial aircraft manufacturing and the conclusion.