I don't think defining the size of a market based on how many companies are in it is a very useful metric. If you kept reading your investopedia snippet, you would see that "The airplane manufacturing market is part of the overall airline industry". So saying that "there are only two companies in the industry" is incredibly disingenuous, there are thousands of companies involved in commercial passenger flight.
Btw, people bragging about having lots of common sense are usually the ones that have the least of it.
Ok cmon be nice it’s hacker news we all hate Boeing here - that’s why we’re Hackers :)
Yeah it’s relative and the line between “large airliners” and “all passenger aircraft” is somewhat arbitrary, I agree. But I stand by the distinction. The market for large airliners is by far the most important market in aerospace, and it has two companies in it, and the one that’s been doing a decade of record cost cutting has way more safety issues than the company that didn’t. I’d love a higher sample size ofc, but as far as clarity goes that’s pretty damning.
Plus what are we fighting about? Whether it’s fair to describe Boeing as being in “not a huge industry”? I mean I’ll just give that one to you lol, I care little about the exact phrasing of that comment. Honestly if it bothers you just drop the whole paragraph!
Big industry or small, I have been informed by trustworthy journalists that this is not usual behavior for an aerospace company. Much less normal for an aerospace company that used to be prestigious for its engineering excellence…
My point is more that: the engines are built by a different company, the tickets are sold by different companies, the airports are run by different companies. I am not making a distinction between large aircraft and medium aircraft, I am saying that Boeing is cog in a much larger wheel, and market dynamics dictate much more than meets the eye. As I mentioned, I am not on Boeing's side and the cost cutting is obviously having impacts. We are arguing about the idea that you think it is a simple fix and common sense fix, and I promise you it isn't. But if I am wrong, I guess I hope to see you in the boardroom soon!
Btw, people bragging about having lots of common sense are usually the ones that have the least of it.