Breaking the Aviation Monopoly: How Innovation Is Replacing Old-World Giants
For decades, the global aviation industry has been dominated by a duopoly—Boeing and Airbus—delivering giant, expensive, slow-to-manufacture aircraft to a small circle of airlines operating under high costs and tight margins. These legacy aircraft, while marvels of engineering, require immense resources to build, operate, and maintain. The result is an inflexible aviation model, heavily dependent…