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DollarGuru | 6 years ago

Maybe a silly question but it seems these big high ticket businesses like Boeing and Airbus cannot provide affordable aircraft and survive without some government intervention and the bar to entry is too high for new players so why not come to some international agreement on how they are supported by government instead?

It's seems better to have 2 manufacturers supported by government than to have only 1 that essentially owns the whole market.

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camillomiller|6 years ago

Especially considering that the best candidate to become a third relevant subject would be Comac, the Chinese state-subsidized manufacturer...

defertoreptar|6 years ago

Boeing contends otherwise:

> Myth: Aerospace is different from other industries and requires some level of government support.

> Fact: Boeing has proven otherwise. We have financed all of our new airplane programs without the kind of government handout that launch aid represents.

http://www.boeing.com/company/key-orgs/government-operations...

blub|6 years ago

The WTO found that they were and are being illegally subsidized [1]. Maybe they're saying that they're not getting a particular type of subsidy.

But it's clear that both these companies are getting a ton of government contracts and have a special relationship with the US/EU.

https://www.bloomberg.com/news/articles/2019-03-28/wto-issue...