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Boeing started out as a monopoly however, eventually turned into a duopoly when Airbus entered the commercial aviation industry. Airbus was a European Aeronautic Defense and Space Company (EADS). In July 2000 Airbus released a $1.6 billion primary public offering. Also, in the same year Airbus accumulated over half of the entire aircraft orders than Boeing.
Airbus has plans to develop the A3XX aircraft which is designed to carry 550 to 990 passengers. After its debut, the A3XX would be the biggest commercial airplane in the aviation market. Boeing has led the market with their 747 series which is the largest aircraft to date...
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