Boeing's betrayal of public trust with the 737 MAX MCAS scandal (Lion Air Flight 610 and Ethiopian Airlines Flight 302) led to the downhill of Boeing which resulted to customers transferring to Airbus instead. Corporate greed vs. safety, efficiency, and reliability.
Unfortunately for Boeing, the management has the same ethos as the one before-hence Alaskan Air disappearing door. There are even now more problems with the MAX. The FAA, doing what it should have done years ago, stopping the certification, till things are SAFE. There is also a another down side to this and that is aircraft get more delayed. So United and South West and maybe Delta will be forced to look elsewhere other than just Boeing. Comac would just love a order!! That would probably be the final nail in the coffin.
The airline is literally only 16 years old. They barely have a history to begin with. And they haven't taken delivery of all the aircraft they previouisly had on order.
@@FlyByWire1you should take a look at how many Airplane Indigo as purchased in those 16 years, making 10 orders in 16 years is also considered long history, BTW which college you went to?
@@SurajGupta_3D ordering a certain number of aircraft is not the same as taking delivery of all those aircraft. Aircraft orders can change and frequently do even after they are placed. Compared to the U.S. aviation market, indigo is still incredibly small and doesn’t even have the monetary resources right now to take on a much larger fleet. 😂
@FlyByWire1 you should be asking Airbus, why haven't all the planes been delivered to IndiGo? But you did not, did you? Because it is not in the best interest of colonial mindset in undermining someone who is growing beyond your imagination! 😂😂
They'll make it and airlines companies would sacrifice that extra inch and further take an additional inch from each seat to stuff more seats in the economy section
Of course the Airbus CEO would give positive comments about the future of their business, no matter what the real outlook is. You pretty much can’t get a more biased opinion than that. 😂
@@Jack3md Exactly; It's history, i.e. verified facts. It's still hurting Boeing in a number of ways - and rightly so. They are slowly recovering, but they are damaged.
Honda/ Mitsubishi should upscale. Embraer should upscale and expand capacity. Looks like a lot of potential customers being shortchanged on deadlines by the current lot.
What's the point of asking airlines if their current purchasing means the producers are recession proof? Most of the world is not in a recession. It's almost the opposite of those conditions. There's a large bounce back of demand after COVID and companies don't have the capital to manage it.
The bigger problem for Boeing is the lack of research and development capacity to innovate beyond existing designs. The existing crop of boomer engineers are going to retire soon, without training the next generation on skills and knowledge to design airplanes.
A big problem was all that outsourcing. Apple and Tesla show how it is done - inhouse. When the company cannot even produce the wings anymore, that is bad.
@@chippyjohn1 I do realise. But Apple has full control over the design of most of their products. But just look at how much Boeing has given away to contractors compared to older models with the 787.
US aerospace companies have not done what is needed to invest in next generation of engineers and it is hurting them now and in the immediate future, Instead, they have focused on near-term shareholder interests.
India could have shifted in to production with such a need for new planes rather than import especially with increaing popualtion who are looking for job
You need Good engineers to build plane which India don't have. Indian Engineering colleges produces everything except Engineers. And if they accidentally produce one, the person will leave the country for west. Also, it take decades to build a passenger plane. That is why there is a duopoly in market
@@sorryi6685 i am not saying one can start building instantly or it will be successful for certain. even USA was not that impressive to produce engineers. US imported brain still import by offering good pay . India could have used this as starting point because demand will only continue to increase considering the rising population. Since money is no problem everything was possible . But only if start trying in the first place
@@7_years_and_ Fist we need to correct our college system and make sure kids with engineering aptitude gets in college. IITs are just producing MBAs now. We need actual engineers, research and funding.
I'd say Airbus is leading in the narrowbody market, Boeing still leads the widebody market with its 777X, 787, and it completely owns the air freight market. Airbus' A380 and A340 programs were a commercial failure.
@@FlyByWire1 Hard to lead anything with the 787 when the planes has critical faults and failures. Won't be long before companies start phasing them out for Airbus
I have no bias between Airbus and Boeing on the types of planes I prefer flying as a passenger. I am a frequent flyer who had flown on airplanes multiple times for tourism and family visits. I have flown on many types of planes from 5 manufacturers which were Airbus, ATR, Boeing, Bombardier, and Embraer. I can tolerate flying on any plane no matter if its built from any 5 of those airplane manufacturers I have flown. I understand that airlines have their choice of plane manufacturers to fly. No matter if it from Airbus or Boeing, I'll accept it and tolerate flying on that type of plane. I just wouldn't want to idolize or be a fan of any plane manufacturer and airlines because of their histories.
And europe can use MBDA and dassault. Though I would bet that those companies would fail since they are not in that feild. Building a fighter and building a passenger jet has completely different requirements. We do not ask tank builders to design cars as a clear example.
Airbus intend to. But you should realise that most of the technology and the value in building a big plane is in making the components - final assembly is not a big employer, either in quantity or quality of labour. It would be more impressive if they were building an engine plant or an avionics factory there.
and the result of neither current aircraft manufacturer being able to keep up with demand means China will very likely enter this market sooner than expected...
Indian sky is extremely booming with astonishing 120 % growth + and astonishing 260% after pandemic from Indian market. Thriving 650 Million Indian middle class pushing that aviation demand. Even if Indian carrier has 2000 new aircrafts in next 3 years still that will not full fill Indian consumer demands. Future is very bright for both Airbus and Boeing if they open new production lines in India. Not to say cheap human resource will make there products very competitive at global stage.
Where did you get this 659M number. India only has 2-3% of actual middle class. Reat are poor class. Here only 4% people has ever flown in any flight and only 8% families on a car.
@@ayushbari7174 As per govt this is on basis of PPI purchase parity imperative. That means if you earn 15-20 k month you are eligible and afford air ticket of 2500-6k by means. It is as similar as if your earn 1 Lakh per month then you are eligible to buy Mercedes or home upto 70-80 lakh easily projection vise. Buying not buying is your choice but you are eligible.
Airbus is much better than Boeing and is winning more contracts and selling many more planes, the European technology and engineering is simply unmatched.
In narrowbody yes, Boeing still is the best in the widebody market with its 777s and 787s. And they also completely own the air freight market as well.
@@rscott2247 Size, cheaper, and more models. The only 787 smaller than A330 is the -8, while the -9 and -10 beat the A330neo. The A350 has slightly more capacity than the 777-200, but the 777-300 ER is on average more capacity but based on airline configurations. The 777 is wider than A350 so more cabin space. The 777X is on order which has more capacity than both A350k and 777-300ER, plus higher fuel efficiency.
NOT, they are making the same mistake just like real estate in 2006 assuming the housing market always get better. Wait until the airlines get in debt for new planes while the consumer reduces their spending
Putting a thousand more aircraft into the world aviation system would be a disaster. Most airports are at full capacity now. There aren't enough gates, workers, pilots, or air traffic controllers to go around. Aviation is a "system" you can't just enlarge on aspect of it. You have to enlarge (or contract) all parts of it at the same time. If you think getting more planes off the assembly line is hard, try building new airports. And then try integrating them into an already overloaded air traffic control system. Aviation may soon be hitting the limits of what's possible. (Barring some major technological break thru.)
You have to consider that some aircraft are getting retired/lost in some capacity so even if you keep the same number of aircraft steady new ones will still be purchased
@@UA-camrkt Yep. Both the Chinese and the Indians are building new airports at a rate of knots - they'll exist by the time these ordered planes are built. This is actually what killed the A380 - the 380 was specifically designed on a bet that Asian airports would have a drastic shortage of slots, and they won't.
@@litamtondy True, but it is only that many of those third world countries are growing much faster than first world ones, and not just in living standards but in technological sophistication. The view that India and China only have subsistence farmers and backyard sweatshops is long outdated.
India have one of the largest refining capacity in The world we even surpassed recently saudis to export premium diesel to Europe😂 ! Saudi itself now building new worlds most advanced 60 billion$ oil refinery in my state Maharashtra (India) And middle of all this 😂 recently 6 months ago nearly India found 20 billion barrel oil reserves in Andaman nicobar islands EEZ area 🎉 ! Which can fulfill now indias need of oil for 70 years ! In next 5-10 years India's oil imports will reduce if we successfully extract that oil we taking help of Exxon mobil and other giants also even our own Indian company ONGC also there ! Let's see what happened India already largest exporter of jetfuel
@@killxAyushRussia with a history of aviation can't get modern aircraft without western tech. Not even China can. Air India, Indigo... need aircraft now, not in 30 years.
Sometimes I wonder how the world would have looked like if not for innovations like this😊, my advice for everyone both in the tech, financial industry and otherwise is to evolve with the world in other not to be left behind
'The competition is fierce in the wide-body market' - Really? Boeing cannot seem to even fix a date for the 777X entry into service - just endless delays. It remains a virtual aircraft. The 787's have been plagued with quality control issues and endless delays and for the 737Max-10, Boeing had to get US congress to give them a waiver on a safety system imposed by the FAA to get the Max-10 on track for delivery. None of this inspires much confidence.
If so, then why airlines choose the 787 Dreamliner over the A330neo or the A350? Why did Air Canada choose the 737 MAX 8 over the A320neo? Why did United has more Boeing orders than Airbus? and why Vietjet ditches Airbus in favor of Boeing’s 737 MAX 8-200. Airshow or none. Its a brutal competition. The duopoly will remain the same.
@@mxttyzw you have to look at the bigger picture and see how orders are slowly shifting in favor of Airbus. For decades, Boeing outperformed Airbus in sales, but in recent years, that trend has turned around and it looks like Airbus will soon be outselling Boeing by 2:1. And while Boeing is being met with nothing but issues and delays on all of its latest models, Airbus, while not entirely smooth sailing, has had a much easier couple of years.
@roshanp1158 indigo didn't have any serious competition in India for many years now so that's why they thrived, with air India coming back with aggressive goals, it won't be easy for indigo to keep up with growth
All these high order volumes tell me is airlines must be making huge profit margins with all the greedflation. It's insane how expensive air travel has gotten. How many of those Airlines received substantial government subsidies to stay afloat during the pandemic, only to turn around and fleece their returning customers now that people are desperate to be reunited with family after the lengthy separation due to closed borders. 🤦♂️
@@541er that logic seems flawed because the fact is prices are as much as 50% higher than they were pre-pandemic. Planes are only full because there is a lot of pent up demand from the pandemic and people also have money saved from not vacationing. So this is inspite of the prices being high, not because they are not high.
Honestly I'm ready for a new contender to start rising in the aircraft market who can actually make mid to long haul aircraft this whole boeing vs airbus thing is starting to get boring. With air travel starting to soar again and the massive production backlogs between the two along with manufacturing shortages lessening this is probably the perfect time for a new competitor who is optimistic about the future world financial situation to enter the market.
And who has the money and time to do so? Designing and building a new aircraft from scratch can take up to 2 decades and cost over 100 billion. Who has the time and money for that? And even if you had the time and money, how would you convince airlines to buy your jet, to drop commonality with their current fleet and, even if the unit cost is lower, spend more money on your jet than staying with their current supplier(s)? Look at the Comac C919, it took them 15 years to go from idea to first commercial flight. A jet designed and built in China, currently only certified in China that only has orders from Chinese airlines and probably only because the Chinese government is making them order the jet. Is it a bad jet? No, it isn't. But there is no real interest in it from outside of China at the moment.
Indian company should put their leg to manufacture aircraft or Indian carrier should impose aggreement that at least 50% will be manufactured in India.
Just India, but Indian shopping world always comes down to not paying or deals scaled back by 90%. India does not have much exports, how are they going to pay with Dollar and Euro? No one wants Indian Rupees.
Recession proof? The recession has not started yet. We are about to enter a global synchronized recession while banks are tightening lending standards and the money supply is shrinking. There will be problems with financing but I predict that large governments will step in to make sure funding is extended.
Airbus literally just sold 500 planes to India, many more to the arab countries, Europe and even the US, just let it go, Boeing is a failed company unable to make a decent thing that flies without crashing
So one model crashes and they're all defunct and broken? Airbus had many issues involving their engines shutting down in the past couple of years, so how come you don't call them failed?
You should invest in Boom or any other manufacturer looking to reproduce supersonic air travel. And if that's not good enough for you, then create your own company looking to do that.
Indian aviation sector us voltaile. It can appear like mushroom and bust like bubble. The recent one is 'Go Air' gone forever. As far as bug orders Air Asia did so and its orders vanished.
Indigo isnt gonna take delivery of 500 aircraft (they havent even paid for one eighth of those) 😂 that will take decades to deliver on and India isnt the wealthiest aviation market out there compared to bus or train travel.
Cormac barely has any sales or models. This show announced ~1500 new jets ordered more in a single show than all ordered comac planes. 846 new orders alone were airbus. And airbus is set to deliver 700 in 2023 while Comac can't make 150 a year
If you're in the US, that leaves you with JetBlue, Hawaiian, and the ultra low cost carriers. American, United, Alaska, and Southwest all currently fly Maxes, and Delta has a huge order for the Max 10.
Boeing's betrayal of public trust with the 737 MAX MCAS scandal (Lion Air Flight 610 and Ethiopian Airlines Flight 302) led to the downhill of Boeing which resulted to customers transferring to Airbus instead. Corporate greed vs. safety, efficiency, and reliability.
The Boeing 737 MAX has struck again! Now a door panel blew off of the hull in mid flight! Well done Boeing, keep it going 👍
Unfortunately for Boeing, the management has the same ethos as the one before-hence Alaskan Air disappearing door. There are even now more problems with the MAX. The FAA, doing what it should have done years ago, stopping the certification, till things are SAFE. There is also a another down side to this and that is aircraft get more delayed. So United and South West and maybe Delta will be forced to look elsewhere other than just Boeing. Comac would just love a order!! That would probably be the final nail in the coffin.
I prefer Airbus. It’s more reliable and safer. Human always make mistake. Airbus is doing good job on preventing this issue.
Air France has entered the chat.
Air baguette is not a good case study.
So the WSJ employs an aviation reporter, but he was interviewed in this video? Why didn’t he just host the video?
Very different types of journalism. You can tell the aviation reporter is just that. Host had a good screen presence.
Indigo controls 62% of Indian avation market so no wonder there..
Indigo has a history of making large orders and taking all of the deliveries.
The airline is literally only 16 years old. They barely have a history to begin with. And they haven't taken delivery of all the aircraft they previouisly had on order.
@@FlyByWire1you should take a look at how many Airplane Indigo as purchased in those 16 years, making 10 orders in 16 years is also considered long history, BTW which college you went to?
@@SurajGupta_3D
Why knowing his college would help the conversation in any way ?
Sounds like low effort gatekeeping
@@SurajGupta_3D ordering a certain number of aircraft is not the same as taking delivery of all those aircraft. Aircraft orders can change and frequently do even after they are placed. Compared to the U.S. aviation market, indigo is still incredibly small and doesn’t even have the monetary resources right now to take on a much larger fleet. 😂
@FlyByWire1 you should be asking Airbus, why haven't all the planes been delivered to IndiGo? But you did not, did you? Because it is not in the best interest of colonial mindset in undermining someone who is growing beyond your imagination! 😂😂
I'm waiting for the day for both Boeing and Airbus make a plane that can have a inch wider seat in economy class.
They'll make it and airlines companies would sacrifice that extra inch and further take an additional inch from each seat to stuff more seats in the economy section
@@shashankjha5436 you can have a maximum of 3 seats in a row next to a window due to security issues.
The 777x
@@danedane6613 THAT makes NO Difference
Get a gym membership 😂. The plane makers are probably looking for ways to take away an inch instead of adding an inch
This Number One Rule should always be at the top of the list:
**Safety and Engineering above Profits and Production Cost*
This rings truer now with what happened
Of course the Airbus CEO would give positive comments about the future of their business, no matter what the real outlook is. You pretty much can’t get a more biased opinion than that. 😂
Well, considering their situation compared to Boeing, they can only be positive. At least their planes don't crash because of a rushed development
@@TheKenji2221 It's history, regarding the crashes. In fact Boeing's position right now is a whole lot better compared to 3-4 years ago
@@Jack3md
Well it couldn't be worse. So it's a start
that's not a biased opinion, but a fact
@@Jack3md Exactly; It's history, i.e. verified facts. It's still hurting Boeing in a number of ways - and rightly so. They are slowly recovering, but they are damaged.
kinda sad to see not a ton of new planes being announced. at least they sell stuff they know and pilots know
maybe with the new sales for boeing they can start hiring engineers, not a billion finance students and can make good planes again :)
Do you know how many engineers Boeing employs? Didn't think so
@@Jack3md before or after they killed over 300 people? :)
@@krac3x438 Remember when Air France 447 killed 228 people? :)
If only it was a Boeing 777, they'd be all alive. Poor Airbus sidestick design.
@@Jack3mdNeither does Boeing
@@TheKenji2221 Wrong
I hear Boeing airplanes have great ventilation and view
🤣🤣🤣
Honda/ Mitsubishi should upscale. Embraer should upscale and expand capacity. Looks like a lot of potential customers being shortchanged on deadlines by the current lot.
Even boing is more save than those
What's the point of asking airlines if their current purchasing means the producers are recession proof? Most of the world is not in a recession. It's almost the opposite of those conditions. There's a large bounce back of demand after COVID and companies don't have the capital to manage it.
Agree. It's kind of ridiculous to talk about 1 or 2 year recessions when airlines plan in decades.
How did you got footage frome the Paris Air Show in 2024?
The bigger problem for Boeing is the lack of research and development capacity to innovate beyond existing designs. The existing crop of boomer engineers are going to retire soon, without training the next generation on skills and knowledge to design airplanes.
At least they might start using standard metric measurement. Boeing is in the decline, the US simply does not produce quality aircraft.
A big problem was all that outsourcing. Apple and Tesla show how it is done - inhouse. When the company cannot even produce the wings anymore, that is bad.
@@Sedna063 You realise Apple products are not made in the USA at all. Tesla is looking at manufacturing overseas also.
@@chippyjohn1 I do realise. But Apple has full control over the design of most of their products. But just look at how much Boeing has given away to contractors compared to older models with the 787.
US aerospace companies have not done what is needed to invest in next generation of engineers and it is hurting them now and in the immediate future, Instead, they have focused on near-term shareholder interests.
The only reason Boeing gets orders is because Airbus can't meet the demand.
Exactly. If you can not wait for the Airbus, you will have to go for Boeing. Comac will probably enter the market more seriously some years later.
India could have shifted in to production with such a need for new planes rather than import especially with increaing popualtion who are looking for job
You need Good engineers to build plane which India don't have. Indian Engineering colleges produces everything except Engineers. And if they accidentally produce one, the person will leave the country for west.
Also, it take decades to build a passenger plane. That is why there is a duopoly in market
@@sorryi6685 i am not saying one can start building instantly or it will be successful for certain. even USA was not that impressive to produce engineers. US imported brain still import by offering good pay . India could have used this as starting point because demand will only continue to increase considering the rising population. Since money is no problem everything was possible . But only if start trying in the first place
@@7_years_and_ Fist we need to correct our college system and make sure kids with engineering aptitude gets in college. IITs are just producing MBAs now. We need actual engineers, research and funding.
@7_years_and_ India can try just like China has been trying for many decades now. It's not as easy as you think...
@@7_years_and_Who is going to come to India. Indians are the largest migrants on the planet Earth
Airbus a clear leader in the industry
Clearly not in the widebody market.
@@txbill2512 And in Freight as well..
I'd say Airbus is leading in the narrowbody market, Boeing still leads the widebody market with its 777X, 787, and it completely owns the air freight market. Airbus' A380 and A340 programs were a commercial failure.
If Boeing was still producing the 757 ? Be a different ballgame !
@@FlyByWire1
Hard to lead anything with the 787 when the planes has critical faults and failures. Won't be long before companies start phasing them out for Airbus
I have no bias between Airbus and Boeing on the types of planes I prefer flying as a passenger. I am a frequent flyer who had flown on airplanes multiple times for tourism and family visits. I have flown on many types of planes from 5 manufacturers which were Airbus, ATR, Boeing, Bombardier, and Embraer. I can tolerate flying on any plane no matter if its built from any 5 of those airplane manufacturers I have flown.
I understand that airlines have their choice of plane manufacturers to fly. No matter if it from Airbus or Boeing, I'll accept it and tolerate flying on that type of plane. I just wouldn't want to idolize or be a fan of any plane manufacturer and airlines because of their histories.
I wish Lockheed made civilian planes. They make the most advance aircrafts for military
Back in the day they made many civilian airliners
@@bobjones-ey5gl yes I know but after the Tristar failure they are traumatised 😭
@@calvinallan2208 actually I feel they were kind of collateral damage due to DC-10s reputation
Airlines won’t pay those prices.
I wish Lockheed would stop murdering middle eastern children
This video could have just been an article. WSJ channel on UA-cam needs a shake-up.
Great report.
I will take Airbus any day, especially A380 with either sir France, Emeritus, Turkish airlines
I always fell safe in airbus
Lockheed and Northrop need to get back into the civilian markets.
They’re dominating the defense sector. Adding a new production for a different market can be catastrophic.
And europe can use MBDA and dassault. Though I would bet that those companies would fail since they are not in that feild. Building a fighter and building a passenger jet has completely different requirements.
We do not ask tank builders to design cars as a clear example.
@@BS-vm5bt Dassault is part of Airbus, and MBDA is a conglomerate whose parts are also part of Airbus.
@@GintaPPE1000
Absolutely not. Dassault is and will never part of Airbus. They are both distinct French companies
@@TheKenji2221Airbus is a major shareholder of Dassault Aviation
It is seriously time for both Airbus and Boeing to open assembly lines in India. More business will go to the OEM which makes it there first.
Airbus intend to. But you should realise that most of the technology and the value in building a big plane is in making the components - final assembly is not a big employer, either in quantity or quality of labour. It would be more impressive if they were building an engine plant or an avionics factory there.
They have all the business they need.
and the result of neither current aircraft manufacturer being able to keep up with demand means China will very likely enter this market sooner than expected...
Indian sky is extremely booming with astonishing 120 % growth + and astonishing 260% after pandemic from Indian market.
Thriving 650 Million Indian middle class pushing that aviation demand.
Even if Indian carrier has 2000 new aircrafts in next 3 years still that will not full fill Indian consumer demands.
Future is very bright for both Airbus and Boeing if they open new production lines in India.
Not to say cheap human resource will make there products very competitive at global stage.
Where did you get this 659M number. India only has 2-3% of actual middle class. Reat are poor class. Here only 4% people has ever flown in any flight and only 8% families on a car.
@@ayushbari7174 As per govt this is on basis of PPI purchase parity imperative.
That means if you earn 15-20 k month you are eligible and afford air ticket of 2500-6k by means.
It is as similar as if your earn 1 Lakh per month then you are eligible to buy Mercedes or home upto 70-80 lakh easily projection vise.
Buying not buying is your choice but you are eligible.
Even if they don't open lines in India, their future would be bright...
Nah UA-cam. I got an ad that can only be skipped after 15 seconds.
I can imagine why airbus is in front
They just need pilots.
Airbus is much better than Boeing and is winning more contracts and selling many more planes, the European technology and engineering is simply unmatched.
In narrowbody yes, Boeing still is the best in the widebody market with its 777s and 787s. And they also completely own the air freight market as well.
McDonald’s sells more burgers than anyone, are they the best burgers?
@@Ethan7s McDonalds are bought by people who know little about nutrition. Aircraft are bought by teams of people who know *a lot* about aircraft.
@@FlyByWire1 What makes these Boeing widebody's superior to the A330's & A350's ?
@@rscott2247 Size, cheaper, and more models. The only 787 smaller than A330 is the -8, while the -9 and -10 beat the A330neo. The A350 has slightly more capacity than the 777-200, but the 777-300 ER is on average more capacity but based on airline configurations. The 777 is wider than A350 so more cabin space. The 777X is on order which has more capacity than both A350k and 777-300ER, plus higher fuel efficiency.
It isn't over yet, not by far. If it is and they take delivery of every aircraft, cool. Probably not.
0:11 Paris air show 2024?
I was wondering if they traveled ahead in time to attend the 2024 Paris Airshow
BEST WISHES
NOT, they are making the same mistake just like real estate in 2006 assuming the housing market always get better. Wait until the airlines get in debt for new planes while the consumer reduces their spending
Putting a thousand more aircraft into the world aviation system would be a disaster. Most airports are at full capacity now. There aren't enough gates, workers, pilots, or air traffic controllers to go around. Aviation is a "system" you can't just enlarge on aspect of it. You have to enlarge (or contract) all parts of it at the same time. If you think getting more planes off the assembly line is hard, try building new airports. And then try integrating them into an already overloaded air traffic control system. Aviation may soon be hitting the limits of what's possible. (Barring some major technological break thru.)
What makes you think new airports are not being built?
There's a reason if the majority of the orders come from 3rd world countries.
You have to consider that some aircraft are getting retired/lost in some capacity so even if you keep the same number of aircraft steady new ones will still be purchased
@@UA-camrkt Yep. Both the Chinese and the Indians are building new airports at a rate of knots - they'll exist by the time these ordered planes are built. This is actually what killed the A380 - the 380 was specifically designed on a bet that Asian airports would have a drastic shortage of slots, and they won't.
@@litamtondy True, but it is only that many of those third world countries are growing much faster than first world ones, and not just in living standards but in technological sophistication. The view that India and China only have subsistence farmers and backyard sweatshops is long outdated.
12 A220s ordered from Ohio.
India topping the chart projecting where the growth will be coming from. Need to be bullish on india
India is going to become an athlete in his prime. Everything is set up for that unless negative changes
The most biased thing ever, of course he's going say what he needs to secure investors, and stockholders from not pulling out.
How do you get enough jet fuels without refining crude oil? More airplanes more refining, no?
India have one of the largest refining capacity in The world we even surpassed recently saudis to export premium diesel to Europe😂 ! Saudi itself now building new worlds most advanced 60 billion$ oil refinery in my state Maharashtra (India)
And middle of all this 😂 recently 6 months ago nearly India found 20 billion barrel oil reserves in Andaman nicobar islands EEZ area 🎉 ! Which can fulfill now indias need of oil for 70 years ! In next 5-10 years India's oil imports will reduce if we successfully extract that oil we taking help of Exxon mobil and other giants also even our own Indian company ONGC also there ! Let's see what happened
India already largest exporter of jetfuel
India should consider making this planes in India. We are funding there companies rather then developing a industry in our own country.
if making airplanes were so easy , there wouldnt be just 2 trustworthy companies
@@vladescu3g that's where research and development is required, we can make planes we just engines which both giants are also incapable to make it
@@killxAyushRussia with a history of aviation can't get modern aircraft without western tech. Not even China can. Air India, Indigo... need aircraft now, not in 30 years.
Sometimes I wonder how the world would have looked like if not for innovations like this😊, my advice for everyone both in the tech, financial industry and otherwise is to evolve with the world in other not to be left behind
I love this guy already, I would like to get involved please how can I contact him ?
I like the good recommendations on this guy, I will contact him as soon as I can, thanks everyone for all the help, it has been an honor 😊
IndiGo only operates A320s from what I know
it does not matter what plane they use , they pack you in like sardines anyway .
its discusting !
Great jetliners ...
Competition? Between the duopolists? Ok…
Need more competition. New manufacturers
We'll see what COMAC can do, but apart from that there won't be any competition anytime soon.
India alone contributed to almost 90% of all aircraft orders in the past 1 year
I wanted to like this. But a wsj reporter talked to a wsj reporter. Bruh
Wow, people are still ordering that trash 737 Max?! I refuse to go on that death trap.
It's not a death trap, if Boeing doesn't want to lose money, they make it safe, and that's what they did.
1:20 what is Linus doing here...😂
❤❤❤❤❤Wow wOW❤❤❤❤❤
😄😄🧡🧡🧡🧡🧡👍👏👏👏👏👏
'The competition is fierce in the wide-body market' - Really? Boeing cannot seem to even fix a date for the 777X entry into service - just endless delays. It remains a virtual aircraft. The 787's have been plagued with quality control issues and endless delays and for the 737Max-10, Boeing had to get US congress to give them a waiver on a safety system imposed by the FAA to get the Max-10 on track for delivery. None of this inspires much confidence.
China will help Airbus boost its sale.
Well there is not many varitity or options anymore
The boeing is the main one
I wont go on the max crash
It means most airlines have no faith in Boeing
All those orders for Boeing show that most airlines have no faith in Boeing? You're not making sense.
Did you watch the video?
Right. That's why the host stated in the video that they're leading Airbus in the widebody market. You even watch the video?
If so, then why airlines choose the 787 Dreamliner over the A330neo or the A350? Why did Air Canada choose the 737 MAX 8 over the A320neo? Why did United has more Boeing orders than Airbus? and why Vietjet ditches Airbus in favor of Boeing’s 737 MAX 8-200.
Airshow or none. Its a brutal competition. The duopoly will remain the same.
@@mxttyzw you have to look at the bigger picture and see how orders are slowly shifting in favor of Airbus. For decades, Boeing outperformed Airbus in sales, but in recent years, that trend has turned around and it looks like Airbus will soon be outselling Boeing by 2:1. And while Boeing is being met with nothing but issues and delays on all of its latest models, Airbus, while not entirely smooth sailing, has had a much easier couple of years.
❤️❤️❤️❤️❤️
i'd be surprosed if Indigo takes 100 planes
Why?
They already have 350 aircraft in just 18 years. So to get another 500 in the span of 15 years years is not unreasonable
Their 500 aircraft order is for 2030 to 35 period. With this the combined to be delivered order book is about 1000 planes
They are replacing planes in eight years
@roshanp1158 indigo didn't have any serious competition in India for many years now so that's why they thrived, with air India coming back with aggressive goals, it won't be easy for indigo to keep up with growth
think just one china owned company came both of them facing existential crisis. bravo to COMAC
well china can't face the aggression of US/europe but if any country from asia did it, they will know what's gonna happen
India❤❤❤❤❤ PM Modiji❤❤❤❤❤
Probably need some pilots…
Bullish forecasting in aviation may set in now..😊
And Boing, after being bought by MDC, became a finance organisation that happened to make airplanes. Just like GM and cars. We know how this goes....
bad aircrafts that look good and consume more fuel
All these high order volumes tell me is airlines must be making huge profit margins with all the greedflation. It's insane how expensive air travel has gotten. How many of those Airlines received substantial government subsidies to stay afloat during the pandemic, only to turn around and fleece their returning customers now that people are desperate to be reunited with family after the lengthy separation due to closed borders. 🤦♂️
If flights are expensive, the planes won’t be full. Since almost every flight is full, I’d say the airline has more room to raise prices and profit.
@@541er that logic seems flawed because the fact is prices are as much as 50% higher than they were pre-pandemic. Planes are only full because there is a lot of pent up demand from the pandemic and people also have money saved from not vacationing. So this is inspite of the prices being high, not because they are not high.
B
India can reverse recession even of top countries
Honestly I'm ready for a new contender to start rising in the aircraft market who can actually make mid to long haul aircraft this whole boeing vs airbus thing is starting to get boring. With air travel starting to soar again and the massive production backlogs between the two along with manufacturing shortages lessening this is probably the perfect time for a new competitor who is optimistic about the future world financial situation to enter the market.
By the time any competition product would be ready, that would be 20 years from today.
China makes a jet that is a little smaller than the 737/A320, I would not be surprised if they were manufacturing something larger within 10 years
Not possible or worth it
Or new startups will get bought up by the big two like how Airbus bought out the Bombardier plane that would become the A220.
And who has the money and time to do so? Designing and building a new aircraft from scratch can take up to 2 decades and cost over 100 billion. Who has the time and money for that? And even if you had the time and money, how would you convince airlines to buy your jet, to drop commonality with their current fleet and, even if the unit cost is lower, spend more money on your jet than staying with their current supplier(s)?
Look at the Comac C919, it took them 15 years to go from idea to first commercial flight. A jet designed and built in China, currently only certified in China that only has orders from Chinese airlines and probably only because the Chinese government is making them order the jet. Is it a bad jet? No, it isn't. But there is no real interest in it from outside of China at the moment.
Then let’s have the airlines pay the taxpayers back for the pandemic freebies.
F 16 for Ukraine? Another miracle weapon again? 😂😂😂
Boeing designs aircraft to crash with their programming.
Goodbye climate change limitation targets!
Indian company should put their leg to manufacture aircraft or Indian carrier should impose aggreement that at least 50% will be manufactured in India.
Why would Airbus or Boeing do that?
Just India, but Indian shopping world always comes down to not paying or deals scaled back by 90%. India does not have much exports, how are they going to pay with Dollar and Euro? No one wants Indian Rupees.
The order is for 2030, by then india is going to be a 10 trillion dollars economy,the 3rd largest
I understand your frustration 😂
Recession proof? The recession has not started yet. We are about to enter a global synchronized recession while banks are tightening lending standards and the money supply is shrinking. There will be problems with financing but I predict that large governments will step in to make sure funding is extended.
Airbus literally just sold 500 planes to India, many more to the arab countries, Europe and even the US, just let it go, Boeing is a failed company unable to make a decent thing that flies without crashing
Absolutely incorrect immature comment
So one model crashes and they're all defunct and broken? Airbus had many issues involving their engines shutting down in the past couple of years, so how come you don't call them failed?
both boeing and airbus suck. I wanna fly at 1000 mph not 500 mph. you all are selling a hundred years old technology.
You should invest in Boom or any other manufacturer looking to reproduce supersonic air travel. And if that's not good enough for you, then create your own company looking to do that.
go complain to airbus and boeing
but you can´t because of the sonic boom
For real Concord is better
pls look into the history of concorde and comment on this, its certainly not commercial viable today
Indian aviation sector us voltaile. It can appear like mushroom and bust like bubble. The recent one is 'Go Air' gone forever.
As far as bug orders Air Asia did so and its orders vanished.
Ahaa converted muslim! not surprised u hate India
@@onlineuser3223 Should've gotten rid of these converts during partition itself.
i fully believe in youtube comments
Indigo isnt gonna take delivery of 500 aircraft (they havent even paid for one eighth of those) 😂 that will take decades to deliver on and India isnt the wealthiest aviation market out there compared to bus or train travel.
Indigo is owned by an American company and so far has taken over 280 aircraft. I am not too worried.
@@Sedna063 INDIGO IS OWNED BY INDIAN COMPANY ,SO GET YOUR FACTS RIGHT
@@gknkrnkjgjugjrgjrng amy bad, I confused it with another airline.
My point still stands; they have taken every aircraft ever ordered
@@Sedna063 YES I AGREE WITH REST OF YOUR POINT
‘Unknown’ on UA-cam thinks the worlds fastest growing aviation market isn’t ‘wealthy’ enough.
Boeing should just merge with Airbus to compete with Comac in the future.
not going to happen
Cormac barely has any sales or models. This show announced ~1500 new jets ordered more in a single show than all ordered comac planes. 846 new orders alone were airbus. And airbus is set to deliver 700 in 2023 while Comac can't make 150 a year
@@viewer-of-content they said the same thing about Airbus in the 90s
haha that's just not a possibility
@@peter0x444 Merge w Airbus like how Boeing merged with McDonnell Douglas and Sikorsky
Boeing makes junk plane!
I will never step foot on a Boeing 737 max. I will go with other carriers who don’t have this aircraft.
If you're in the US, that leaves you with JetBlue, Hawaiian, and the ultra low cost carriers. American, United, Alaska, and Southwest all currently fly Maxes, and Delta has a huge order for the Max 10.
I'll gladly take your place and fly on a MAX
@@Jack3md you carry on son
@@martinrobinson9061 Already have, great experience as well.
Yet tens of thousands do in the US alone every single day. The 737 and the max make up the majority of narrow bodies in the USA.