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Article: Flying high. (Boeing Co. and Airbus Industrie's Middle East operations)(Aviation)
- Article from:
- MEED Middle East Economic Digest
- Article date:
- March 21, 1997
- Author:
CopyrightCOPYRIGHT 1997 MEED Middle East Economic Digest. All Rights Reserved. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Rarely in agreement about anything, the world's two main commercial aircraft makers seize every opportunity to query each other's claims. In this fiercely competitive industry, a sales triumph for one invariably elicits sour grapes from the other. Unusually, Boeing and Airbus have found something to agree about this spring.
The US giant and the European champion have just released global market forecasts that make surprisingly similar predictions about the next 20 years. Their separate forecasts for traffic growth and new aircraft demand are almost identical: the two rivals are only at odds in one key area. Boeing is dubious about demand for [TABULAR DATA OMITTED] a ...